A Hearing of was conducted on 28 November 2025 for the Application by the Company and its six (6) subsidiaries (“Enclosure 1”) for a Court Convened Meeting to be held pursuant to Section 366 of the Companies Act 2016 and a Restraining Order pursuant to Section 368 of the Companies Act 2016.

Pursuant to the Hearing, the Court has given the following orders and/or directions:

(a) Court has granted a final Ad-Interim Restraining Order until 6 January 2026;

(b) The Applicants to negotiate and get the confirmation with the acquirer of PKNP Reneuco
Suria Sdn Bhd and Bank Kerjasama Rakyat Malaysia Berhad.

(c) The next Hearing on 6 jan 26

Another lesson learnt

17 hours ago

Malpac share trading to be suspended from Dec 9


KUALA LUMPUR (Dec 1): Malpac Holdings Bhd’s (KL:MALPAC) share trading on Bursa Malaysia will be suspended beginning Dec 9, 2025.

Bursa Malaysia said in a listing circular on the exchange that Malpac had failed to submit the proposed regularisation plan to the relevant authorities for approval within the extended time frame of Nov 28, 2025.

It was reported that Malpac had requested an extension to submit its regularisation plan to the relevant authorities and sought a 12-month extension up to Nov 28, 2026.

Request favour was rejected by SC
This could happen too to Ren

Extension after extension????

PP again fund raising..... indicating fincl troubles still persisting

17 November 2025 submitted an application to seek Bursa Securities’ approval for an extension of time of 6 months from 3 December 2025 up to 2 June 2026 for the Company to implement and complete the Private Placement.

Delaying and buying time

What about if SC reject?

Why PN17 counter" like Rene has a low price ???because it's often a symptom of desperation, not strategy.

Why Low Price then? Not sustainable except for synd to push and pull ..

their profit margin rendered to zero or even negative. ... see data sheet EPS negative!!They are essentially selling at a loss just to generate some cash flow, which is unsustainable.

Why No "Buying Power" seems unattractive except to syn .....push and pull
The isues surrond this aspects

1. Lack of Capital: They don't have the large cash reserves to buy in bulk.

2. No Credit from Suppliers: Due to their small size and potentially shaky financials, suppliers will not give them favorable credit terms

3 low confidence levl

4 high risk

Cautions in trading pn17 stocks

Look at EPS -6.38 ....negative EPS (Earnings Per Share) which means the company is losing

So a negative EPS does carries weight and indicators of the compny health.
a negative EPS can only happen when the Net Income is negative. A company reports a net loss.... dont talk then or having hope .. it not not a profit, for that period.

Mindful next Q results will be out end Nov 25 ... position urself wisely ... avoid being followers like mule all the times

What then a Negative EPS Tells You About the Company??

A negative EPS is a major red flag,

Notably the company is on the right tracks to exit PN17 status no doubt ..... buying time strategy

On going application filed by the Company and six (6) of its subsidiaries (collectively, the “Applicants”) for an order by the High Court of Malaya at Kuala Lumpur for a
i. compromise or arrangement with the Applicants’ creditors for the purpose of formulating and proposing
a scheme of arrangement for the Applicants’ creditors’ consideration

ii and for a restraining order

Hope if these hurdles on the compy sides... then stock trending will be on the positive sides but takes time to elevate further ....

AH let me say tq for ur poison remarks and of useless . U must be crazy .... to bring u ill hatred habits into the gp of traders . U re of a shame and make u look foolish of ur stupidity ..... we re focusing and giving views on stock trading .. assist each other making profit and not through stupid and talking to ownself . Nothing of beneficial but disgusting acts of foolishness