The property developer is required to submit the overdue report by March 7, 2024, or trading in the company’s securities will be suspended from 9am on March 8, 2024.

PETALING JAYA: Bursa Malaysia Securities Bhd announced that it will suspend the trading of Country Heights Holdings Bhd’s shares if it fails to submit its report for the fourth quarter ended Dec 31, 2023, by March 7, 2024.

The announcement was made as Country Heights missed the Feb 29, 2024 deadline to submit the quarterly report.

Bursa said if Country Heights is unable to submit the outstanding report on or before March 7, 2024, trading in the company’s securities will be suspended with effect from 9 am, March 8, 2024, until further notice.

“Pursuant to Paragraph 9.28(5) of the Main Market Listing Requirements (LR), if a listed issuer fails to issue the outstanding financial statements within five market days after the expiry of the relevant timeframes stated in Paragraphs 9.22 and 9.23 of the LR, in addition to any enforcement action that Bursa may take, Bursa shall suspend the trading in the securities of such listed issuer.

“The suspension shall be effected on the next market day after the suspension deadline,” it said.

At the close of trading, Country Heights’s share price was unchanged at 27.5 sen, giving it a market capitalisation of RM83 million.