Sentoria faces trading suspension over delayed annual report
KUALA LUMPUR: Trading in Sentoria Group Bhd shares may be suspended after the company failed to submit its annual report by the April 30 deadline.
Bursa Malaysia Securities Bhd said Sentoria has until May 8 to comply or face suspension starting May 9.
Sentoria previously cited major financial difficulties, ongoing demand letters, legal proceedings and receivership issues as reasons for the delay.
It said these challenges have severely strained its resources and hampered its ability to meet financial reporting requirements.
The property developer's share price was unchanged at one sen by midday, giving it a market value of RM6.23 million.
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