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What about a singapore company having stake in reneuco... its about creating scenario... but again delisted cannot be ruled out. Still saddle huge debt
On behalf of the Board of Directors of Reneuco, TA Securities Holdings Berhad wishes to announce that Bursa Securities had vide its letter dated 28 August 2025 resolved to grant the Company an extension of time of 6 months up to 7 February 2026 to submit its regularisation plan to the relevant regulatory authorities for approval. Disclaimer .
Analysis
In Q1 2025 (ending June 30, 2025), the company reported a loss attributable to shareholders of MYR 1.285 million . Consistent losses could make it challenging to meet debt obligations without restructuring or additional financing.
Is it good buy or no??? That is a very important question. Providing a direct "yes" or "no" answer would be irresponsible, as it constitutes financial Instead traders must do own homework analysis of the significant risks and potential factors to consider, so you can make a well-informed decision. Please be rational and proffesionl in trading
redang pow, kenapa skrg tak pinjam ah long duit Dan all in? dulu Ada Satu org, Hari DIA cukup baik, suruh org pinjam ah long,sebab dia kata Kita bukan ah long, Kita hanya nak tolong. mmg baik hatinya. betul kah redang pow?
Material litigation- COURT OF APPEAL (CIVIL APPEAL) CASE NO. W-02(NCC)(W)-2103-12/2023 FILED BY WOO
WAI MUN AND AU CHAN CHUN AGAINST RENEUCO BERHAD AND POWERNET INDUSTRIES
SDN BHD (“PISB”)
1. High Risk: PN17 companies are of high-risk investments. There is a real possibility that the regularization plan might not be approved or might fail during execution.
2. Shareholder Dilution: Many regularization plans involve raising new capital through a rights issue or private placement. This often leads to significant dilution for existing shareholders, meaning your percentage ownership of the company decreases.
3. Suspension or Delisting: If a PN17 company fails to submit or execute a regularization plan within the stipulated timeframes, 7 Feb 2026 ...its securities may be suspended from trading or even delisted from the stock exchange. This could result in a total loss of investment.
4. Volatility: The stock price of PN17 companies is typically very volatile, reacting sharply to rumors, news, and updates about the regularization process. Very speculative in nature