Malaysia

[Accounting] Additional Relief Measure Announced by Bursa Malaysia

In light of the coronavirus pandemic (COVID-19) outbreak and Movement Control Order ("MCO"), Bursa Malaysia Berhad ("Bursa Malaysia" or the "Exchange") had announced the following additional relief measures for Main, ACE and LEAP Market Listed Issuers (collectively known as ("Public Listed Issuers")):

  1. On 16 April 2020, Public Listed Issuers are granted an extension of time until 30 June 2020 to submit their quarterly reports ("QR"), annual reports ("AR") and semi-annual and annual audited financial statements ("AFS") which are due by 31 May 2020; and
  2. On 6 May 2020, Public Listed Issuers with financial year ended on 31 March 2020 are granted an extension of time of 1-month to issue their AR and AFS by 31 August 2020, instead of 31 July 2020.