Favelle Favco Gets Until Jan. 11 to Fill Audit Committee Vacancy Under Listing Rules

Bitget2026/10/15 09:33

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Bursa Malaysia Securities granted Favelle Favco until January 11, 2027, to restore compliance with audit committee requirements.
The October 15, 2026, extension supersedes the original October 12, 2026, deadline to fill the vacancy.
A member's cessation on July 12, 2026, reduced the committee to two members, breaching Main Market Listing Requirements Paragraph 15.09(1)(a).
Paragraph 15.19 requires the vacancy to be filled within three months of cessation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Favelle Favco Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3715161) on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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