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KLSE:PRTASCO

3 stories mentioning KLSE:PRTASCOUpdated 7d ago

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Asia

Protasco's Bankruptcy Proceedings Against Creditors to Resume as Stay Order Lapses

Protasco (KLSE:PRTASCO) said the stay of bankruptcy proceedings against Tey Por Yee and Ooi Kock Au has lapsed, paving the way for the proceedings to continue, according to a Monday Malaysian Bourse filing.The move follows the unanimous dismissal of the Leave Application by the Federal Court; the stay orders have lapsed, and bankruptcy proceedings may continue against the debtors.The hearing date for the Creditors Petition against the order is fixed on Dec. 18.

KLSE:PRTASCO
Asia

Malaysian Shares Maintain Three-Day Winning Streak on Week's Close

Malaysian shares ended in the green on Friday, extending gains of the previous two sessions. The index mirrored an upbeat regional trend on the week's close.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 4.50 points to end 0.3% higher at 1,724.90.In corporate news, shares of ITMAX System (KLSE:ITMAX) gained over 2% on Friday's close after it secured a deal worth 120 million ringgit from Dewan Bandaraya Kuala Lumpur for the supply, installation and maintenance of a smart street lighting system.Greenyield's (KLSE:GREENYB) rubber production totaled 281,883.7 kilograms in June. Shares ended flat on today's close.Protasco (KLSE:PRTASCO) said the hearing of stay applications and creditor's petition against Tey Por Yee and Ooi Kock Aun, has been rescheduled by the court to Aug. 18. Two judgment debtors had filed applications in Shah Alam High Court to stay bankruptcy proceedings.

FTSE Bursa Malaysia KLCIKLSE:GREENYBKLSE:ITMAXKLSE:PRTASCO
Asia

Protasco's Bankruptcy Proceedings Rescheduled to August

Protasco (KLSE:PRTASCO) said the hearing of stay applications and creditor's petition against Tey Por Yee and Ooi Kock Aun, has been rescheduled by the court to Aug. 18, according to a Friday Malaysian Bourse filing.Two judgment debtors had filed applications in Shah Alam High Court to stay bankruptcy proceedings.

KLSE:PRTASCO

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