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Sept almost end. here come Q4, last 3 months of 2024. GenM is looking bright and shinny soon. the storm and typhoon are passing soon. end of the storm season and moving to rise and shine.
On behalf of the Board of Directors of the Company (“Board”), Inter-Pacific Securities Sdn Bhd (“Interpac”) wishes to announce that it had on 20 September 2024 submitted an application to Bursa Securities for an extension of time of 1 month until 29 October 2024 for the Company to submit its regularisation plan to the regulatory authorities
submission of regularization plan shouldn't be an issue since bintai already resteuxture all the debts. just whether they can submit by end this month or require further extension.
bear in mind that the former biz isnt primary beneficial of such tariff increase. it would take some months before the company would experience the positive effects. this was same during COVID when all the gloves counters increased but esceramic waited for 5 months before catching up.