Lambo Group triggers GN3 admission after external auditor expresses disclaimer of opinion

LAMBO Group Bhd has triggered the criteria pursuant to Rule 2.1(f) of Guidance Note No 3 (GN3) of the ACE Market Listing Requirements of Bursa Securities.

“Bursa Securities would like to emphasise that it will continue to monitor the progress of Lambo in respect of its compliance with the Main Market Listing Requirements,” Bursa Malaysia said in a statement.

As at Feb 2, there are a total of 28 companies under PN17 and GN3 which represent 2.94% of the total number of 951 companies listed on the Main and ACE Markets of Bursa Securities.