OTHERS - EXTENSION OF TIME FOR THE ISSUANCE OF ANNUAL REPORT AND CORPORATE GOVERNANCE REPORT 2019

The Company would like to announce that following the Movement Control Order ("MCO") imposed by the Government of Malaysia effective from 18 March 2020 to 12 May 2020 under the provision of the Prevention and Control of Infectious Diseases Act 1988 and the Police Act 1967 to curb the spread of the coronavirus ("Covid-19") infection in the country, the Annual Report 2019 cannot be issued in time within the stipulated deadline of 30 April 2020.

 

Following the announcement by Bursa Malaysia Securities Berhad (“Bursa Securities”) on the extension of time of up till 30 June 2020 for the issuance of annual reports which are due by 30 April 2020 (which had been extended to 31 May 2020), the Company will utilise this extension of time granted by Bursa Securities and will ensure that its Annual Report is issued latest by 30 June 2020 as granted by Bursa Securities on the basis that the extended MCO is uplifted within the time frame as announced.

 

The Company would be submitting an application with the Companies Commission of Malaysia for extension of time to hold its Annual General Meeting (“AGM”), within the allowable 90 days’ period from the date the AGM was supposed to be held pursuant to Section 340(4) of the Companies Act 2016.

 

The Board will determine and announce the appropriate date to hold the forthcoming AGM of the Company and the issuance of the Annual Report and Corporate Governance Report 2019, Notice of the AGM together with the Statement to Shareholders in relation to the following agendas under Special Business in due course:-

1. Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares of up to ten per centum (10%) of its total number of issued shares.

This announcement is dated 4 May 2020.