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Deferment of Holding of AGMs and Related Issues Amidst COVID-19

Due to the World Health Organization’s announcement on 11 March 2020, which categorised the COVID-19 outbreak as pandemic and the implementation of the Movement Control Order (“Order”) that is taking effect from 18 March 2020 to 31 March 2020 announced by Government on 16 March 2020; Companies Commission Malaysia (“SSM”), Securities Commission Malaysia (“SC”)  and Bursa Malaysia Securities Berhad (‘the Exchange”), had on 16 March 2020 and 17 March 2020 respectively announced on the following:

Main Market Listed Corporations and ACE Market Listed Corporation

SSM has announced that companies may apply an extension of time to extend the period to hold its annual general meeting to a time period longer than six months from its financial year end


Listed real estate investment trusts (“REITs”)

SC has granted management companies of listed REITs with a financial year end of 31 December 2019 an extension of time of 2 months (i.e. till 30 June 2020) to hold the AGMs


Application of Rule 9.22, 9.23 and 9.25 92 of Main Listing Requirements and ACE Listing Requirements

The Exchange clarifies and accord the various flexibilities to the listed issuers/corporations on issuing AGM notice and extension of time for Quarterly report



For the full announcements and circulars, please click on the publication.