KUALA LUMPUR (Feb 26): The Securities Commission Malaysia (SC) has announced an extension to the deadline for issuing a real estate investment trust’s (REIT) annual report.
In a statement on Monday, the SC said that previously set at two months, the new timeline allows for four months after the financial year end.
This adjustment aligns the reporting timeline for listed REITs with that of public listed companies on Bursa Malaysia Securities Bhd, 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 REITs’ financial year end through quarterly announcements on Bursa.
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Source: EdgeProp.my
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