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KUALA LUMPUR (April 14): Trading in shares of Sentoria Group Bhd (KL:SNTORIA) are to be suspended next week, after the property developer was wound up by a court.
The suspension will take effect from 9.00am on April 21, according to a bourse filing on Tuesday. The suspension is undertaken under Paragraph 16.02(1)(i) of the listing rules which underlines a trading suspension upon the commencement of a voluntary winding-up of a listed issuer.
Shares of Sentoria were down half a sen to just 0.5 sen, the lowest possible price for a stock on Bursa Malaysia. The company’s market capitalisation stood at mere RM3.11 million based on the last price.
An official receiver was appointed as the liquidator of Sentoria last week, on April 8. The action is linked to a winding-up petition filed by RHB Bank Bhd (KL:RHBBANK) in August 2025 at the High Court.
The lender undertook the legal action over a sum of RM134.95 million allegedly owed to it by Sentoria.
When queried by the bourse regulator over the background of the winding-up petition, Sentoria responded that it would provide more information upon being contacted by the appointed liquidator.
Sentoria has been in financial distress in recent years. The company has been in the red since 2018, despite various changes to its financial year-end.
In the 12 months ended Dec 31, 2025, it logged a net loss of RM29.35 million. Sentoria changed its financial year-end to end-June from end-December in January this year.
The company triggered a Practice Note 17 (PN17) status back in December 2024, after its shareholders’ equity fell to 33% of its issued and paid-up capital. Sentoria has until June 3 to present its plan to fix its finances.
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