On 21 August 2020, the Companies Commission of Malaysia (‘CCM’) issued a second revised Practice Directive No. 6/2020
(‘Second Revised PD6/2020’)
In the Second Revised PD6/2020, CCM has further clarified that:
- the extension of time for lodgement and circulation of the financial statements and reports apply to companies that have a financial year ending “AFTER 31 August 2019 to 31 March 2020”;
- only companies that have a financial year ending AFTER 31 December 2019 to 31 March 2020 can submit their applications to the Registrar by 30 September 2020; and
- the application for extension of time shall be addressed to email@example.com.
CCM has added a paragraph on declaration by company secretary in the application form (Appendix A) attached to the Second Revised PD6/2020.
Alert prepared by Rachel Ten (Senior Associate) of Skrine.