What is a PN17 company (PN17公司)? Do you sell or buy its shares.

PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia.
In general, PN17 companies normally have some financial difficulties.
(一般情况下，PN17公司通常有一定的经济困难。)

Here are some reasons for companies to be classified under PN17:(下面是一些原因，公司根据PN17进行分类：)

1. companies’ shareholders’ funds are less than 25% of their total paid-up capital (公司的股东资金少于25％总实收资本)
2. receivers have been appointed to take control of the companies’ assets (已获委任公司资产的控制权)
3. the winding-up of some of their subsidiaries and associated companies (清盘他们的一些附属公司及联营公司)
4. the auditors have expressed adverse opinions on the companies (核数师表达对公司不利的意见)
5. default in loan interest and principal repayments (逋欠贷款利息和本金偿还)
6. the companies have suspended or ceased their operations (该公司已经暂停或停止其业务)
7. companies do not have any significant businesses or operations (公司并没有任何显著的业务或营运)

Even though some companies will try their best to regularise their businesses, unfortunately, not all their owners have the commitment to pull these companies out from PN17.

(即使有些公司会尽力规范自己的业务，不幸的是，并不是所有的业主必须从PN17拉这些公司开出的承诺。 )

Hence, we should cut our losses and never average down our purchase prices on these companies!

(因此，我们应该减少我们的损失，决不平均下来我们对这些公司的购买价格！ )

Even if we are very excited about these companies, we should wait until they successfully revive their businesses and are no longer considered PN17 companies.

(即使我们都非常兴奋，这些公司中，我们应该等待，直到他们成功地恢复他们的业务，并不再被认为PN17公司。)