Covid-19: CCM Practice Directive No. 6/2020 on AGM and lodgement of financial statements *Update No. 2*

On 21 August 2020, the Companies Commission of Malaysia (‘CCM’) issued a second revised Practice Directive No. 6/2020 (‘Second Revised PD6/2020’)[1].
 
In the Second Revised PD6/2020, CCM has further clarified that:
 
  1. 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;
  1. 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
  1. the application for extension of time shall be addressed to eot2020@ssm.com.my.
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.
 
[1] Our previous Alerts on the Practice Directive No. 6/2020 issued by the CCM on 7 April 2020 (Alert on PD6/2020) and revised on 15 April 2020 (Alert on Revised PD6/2020) can be accessed using the provided links.