Meridian faces Nov. 3 delisting after Bursa rejects regularisation plan extension
Bitget2026/10/22 11:03- Bursa Securities rejected Meridian’s request for more time to submit its regularization plan on October 22, 2026, citing insufficient material progress.
- The company missed the extended September 25, 2026, submission deadline, breaching Main Market listing requirements.
- Trading in its securities will be suspended from October 30, 2026, even if an appeal is pending.
- Delisting is scheduled for November 3, 2026, unless an appeal is submitted by October 29, 2026.
- A timely appeal would defer delisting pending Bursa Securities’ decision; late appeals will not be considered.
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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