Automatic extension for issuance of financial statements
KUALA LUMPUR: Bursa Malaysia Bhd authorized an automatic one-month extension for the publication of financial statements and annual reports for the Core, Ace and Leap markets which are due on May 31 and June 30, 2021.
In a statement, the local exchange said the one-month extension is for the release of quarterly and annual reports for the Main and Ace markets, as well as semi-annual and audited financial statements for the Leap market.
“Since March 2020, the exchange has put in place various relief measures to facilitate regulatory compliance and help listed issuers weather the tough times amid the Covid-19 pandemic while ensuring that targets and aim of our regulatory framework are achieved, ”he added.
Meanwhile, Bursa said the move comes after considering the potential impact of the Third Order of Movement Control (MCO 3.0) from May 12 to June 7, 2021 on listed issuers.
“Notwithstanding the one month extension, Listed Issuers are reminded to comply with the disclosure obligations under the listing requirements.
“This includes the immediate announcement of any important information to ensure that shareholders and investors have access to the information in a timely manner,” he added.