Adventa's PN17 status lifted from Feb 21

Adventa's PN17 status lifted from Feb 21
Business & Markets 2014
Written by Ho Wah Foon of theedgemalaysia.com
Thursday, 20 February 2014 20:11

KUALA LUMPUR (Feb 20): Adventa Bhd announced that Bursa Securities yesterday approved its application to have its PN17 classification lifted, and accordingly the company will be removed from the category on Friday (Feb 21, 2014).

The company said on Jan 7, 2013, Adventa was classified under Practice Note 17 (PN 17) following the completion of the disposal of its entire gloves manufacturing and trading business.

“Adventa had since been focusing on providing services and solutions to the healthcare industry, which include distribution of hospital supplies, commercial and industrial sterilisation of medical devices and other sterilisable products…” it said.

And on Dec 31, it submitted an application to Bursa Securities for a waiver to submit a regularisation plan and for upliftment of Adventa from being classified as a PN 17 company. This was approved yesterday.

fuyoh got core business jor