OTHERS - Extension Of Time To Hold The 50th Annual General Meeting Of The Company And The Deferment Of Entitlement And Payment Dates In Relation To The Final And Special Dividends

Reference is made to the following:-
1. The announcements by the Honourable Prime Minister in relation to the imposition of Movement Control Order (“MCO”) with effect from 18 March 2020 until 9 June 2020 nationwide to curb the spread of the Corona Virus Disease 2019 ("COVID-19") infection in Malaysia; and
2. In support of the Government’s initiatives to ease the economic pressures arising from the COVID-19 pandemic, the Registrar of Companies (“ROC”) has invoked its authority to grant:-
(a) an extension of time (“EOT”) to companies affected by the MCO to hold an Annual General Meeting (“AGM”) for a period of ninety (90) days from the due date for convening of AGM in accordance with the powers under Section 340(4) of the Companies Act 2016 (“the Act”); and
(b) an EOT to companies with financial years ending on 1 September 2019 to 31 December 2019 to circulate and lodge their Audited Financial Statements for a period of ninety (90) days in accordance with the powers under Practice Note 3/2018 and Section 259(2) of the Act respectively.
3. In view of the above, the Company has on 21 April 2020 lodged an application with the ROC for an EOT for a period of ninety (90) days from the due date to hold its 50th AGM pursuant to Section 340(4) of the Act.
4. Although the Company’s application to the ROC for the EOT is still pending approval, the Company would like to announce the deferment of the entitlement and payment dates in relation to its final and special dividends which were announced on 21 February 2020, to 7 September 2020 and 30 September 2020, respectively. The Board will announce the date of the 50th AGM of the Company together with the notice of
the AGM in due course.