你对PN17了解有多深？

本身投入大马股市已经有六月之久，对于一位新手来说，很多基本术语是从书本上学会。当时学习的市场是Australian Securities Exchange, (ASX)，因为读的课程是源自于澳大利亚。近来，看见Bursa Announcement和博友都有提及PN17，在好奇心下，决定google，转载所学习到的PN17含义和解释。

What is a PN17 company？

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.

While there are more than a thousand companies listed in Bursa Malaysia, not all of them are in a financially sound position. Although at the point of listing, these listed companies must meet the Listing Requirements of Bursa Malaysia, given time, the company's financial position and business direction can change for the better or for the worse.

There are many reasons for these changes, such as change in management, risk profile, management team's experience, foresight, financial appetite, over-gearing etc.

Prior to 2005, listed companies that are in this PN17 condition are classified under PN4.