BUSINESS

SC EXTENDS DEADLINE FOR ISSUING REIT ANNUAL REPORT TO FOUR MONTHS

26/02/2024 01:28 PM

KUALA LUMPUR, Feb 26 (Bernama) -- The Securities Commission Malaysia (SC) has announced an extension to the deadline for issuing real estate investment trust (REIT) annual reports.

Previously set at two months, the new timeline allows for four months after its financial year-end, the SC said in a statement today.

“This adjustment aligns the reporting timeline for listed REITs with that of public-listed companies (PLCs) on Bursa Malaysia, granting them equal time for annual report issuance.

“Recognising the similarities in content requirements, this move ensures consistency across both types of entities.

“Despite the extended timeline, unitholders of listed REITs will still receive financial information within two months after the REIT’s financial year end through its quarterly announcements on Bursa Malaysia,” it said.

-- BERNAMA


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