GW Plastics uplifted from PN17

Bursa Malaysia Securities Bhd has uplifted GW Plastics Holdings Bhd from the Practice Note no 17 (PN17) list of companies.

In a statement today, Bursa Securities said GW Plastic had regularised its financial condition and level of operations, and no longer triggers any of the criteria under paragraph 2.1 of the PN17 of the main market listing requirements.

"Bursa Securities will continue to monitor the progress of PN17 companies in respect of their compliance with the listing requirements," it added.

As at today, there are 20 companies under the PN17 which represents 2.21 per cent, of the total 906 listed on Bursa Securities.

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