Sapura Energy Bhd's classification under PN17 signifies financial distress, specifically due to its impressive debt accumulation. Analysts suggest that it may take until the latter half of 2026, at ...
It may take until the second half of 2026, at the earliest, for debt-laden Sapura Energy Bhd to qualify for the revocation of ...
KUALA LUMPUR, March 20 (Bernama) – Pharmaniaga Bhd is moving forward with its regularisation plan to exit Practice Note 17 (PN17) status following shareholders’ approval of three key resolutions at ...
Sapura Energy, a publicly listed firm now under PN17 status, has faced financial issues as since the turn of the decade. The company said last month it had managed to secure creditors’ approval for ...
Following an announcement this week that Malaysian authorities had approved Capital A's plan to exit PN17 status, CEO Tony Fernandes told reporters in an online interview that he was looking to expand ...
He said said Capital A’s exit Practice Note 17 (PN17) status will help frame the valuation of Philippines AirAsia for its eventual listing on the Philippine Stock Exchange “within 12 months.” ...
LIKE Mona Lisa. That’s how AirAsia founder, Tony Fernandes, described the Clark International Airport (CIA) in Pampanga, as he nixed the possibility of transferring the carrier’s  Philippines hub ...
Capital A has been undergoing a major restructuring after it was classified as a financially distressed PN17 (Practice Note 17) company in 2022 by Bursa Malaysia, the local stock exchange on which ...