MaeMode Defaults Its Loan Payments And Enters PN17

Just got this:

• solomon has left a new comment on your post "Unhappy Goldis Minority Shareholder":
  
  Finally, another ship Maemode failed to service it's debt.....this is in your radar if I am not too old to forget.... 

Yeah, I saw that and I see it's highlighted on the Edge also. http://www.theedgemalaysia.com/business-news/242712-malaysian-ae-models-defaults-on-loan-payment-.html

With that default, MaeMode is now a PN17 stock. PRACTICE NOTE 17 / GUIDANCE NOTE 3:FIRST ANNOUNCEMENT 

Anyway, I am not a bit surprised at all.

My last posting on MaeMode was on 2nd May. Time's Almost Up For MaeMode