MCO: Bursa grants one month extension of deadline for publication of financial statements and annual report

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KUALA LUMPUR (May 21): Bursa Malaysia Bhd said today that the regulator and the exchange operator have granted an automatic one-month extension to companies listed on the main market and ACE to publish their financial statements quarterly and their annual reports due on May 31, respectively. , 2021 and June 30, 2021 after reviewing the potential impact of Malaysia’s current Covid-19-based Movement Control Order (MCO) on companies listed in Bursa.

Bursa said it has also granted the automatic one-month extension of the one-month deadline to companies listed on the LEAP market to publish their half-yearly and audited financial statements which are due on May 31, 2021 and June 30, 2021 respectively.

On May 10, 2021, news reports, citing Prime Minister Tan Sri Muhyiddin Yassin’s statement, said that all of Malaysia would again be placed under the MCO’s tutelage from May 12 to June 7 to curb the spread of Covid infections. -19 in the country.

Strengthening the current MCO is commonly referred to as MCO 3.0.

Today, Bursa said in a statement: “This latest relief measure (automatic extension of the one month deadline) is granted, given the potential impact of 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 disclosure obligations under listing requirements, including making immediate announcements of any material information to ensure shareholders and investors have access to timely information, ”Bursa said.

Bursa said today that since March 2020, the exchange has put in place various relief measures to facilitate regulatory compliance and help companies listed in Bursa get through the current tough times amid the Covid-19 pandemic while ensuring that the objectives and purpose of Bursa’s regulatory framework are met.


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