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PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia; relating to companies that are in financial distress. Companies that fall within the definition of PN17 will need to submit their proposal to the Approving Authority to restructure and revive the company in order to maintain the listing status.
nope PN17 I just search for it. it means that the company has some difficulties in the financial, loan repayment etc, the fundamental is not good, which is just fit this company situation
so obviously this is a very dangerous goreng counter. if you considering to enter it then pls becareful and count on the risk as high return will come with high risk.
