KUALA LUMPUR – More relief measures were announced by Bursa Malaysia Berhad that are aimed to assist listed issuers amidst lingering Movement Control Orders on June 16. These measures are meant to be additional towards the ones introduced back in February and May 2021.
The submission of financial statements from listed issuers are given an expansion of one month, which would mean that the quarterly and annual reports for both the Main and ACE Markets are due on July 31.
The same goes for companies on the LEAP Markets, which semi-annual and annual audited financial statements are now due on August 31.
“Notwithstanding the 1-month extension, listed issuers are reminded to promptly announce any material information to ensure informed investment decisions by shareholders and investors at all times,” Bursa Malaysia said in a statement on June 16.
Additionally, another relief measure is a relief period meant to be given to listed issuers facing unsatisfactory financial conditions and subpar operations level between July 1 and December 31.
An 18-month relief period for listed issuers that trigger the suspended PN17 or GN3 criteria and a 12-month relief period for listed issuers who announce insignificant business or operations between the aforementioned dates