PETALING JAYA: The Securities Commission (SC) has extended the deadline for the issuance of real estate investment trust (REIT) annual reports.
It was previously set at two months, and the new timeline allows for four months after the financial year end.
In a statement, SC said 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 REIT’s financial year end through its quarterly announcements on Bursa,” it said.