Extension of Time for Certain Issuers to Hold Annual General Meetings to Approve 31 December 2019 Financial Results in Light of COVID-19

13 Feb 2020

The Singapore Exchange Regulation has announced that it will grant a time extension of up till 30 June 2020 (“Waiver”) for issuers which fulfill certain criteria to hold their annual general meetings to approve their 31 December 2019 financial results.

This was announced following feedback from audit professionals on the practical difficulties in performing statutory audits, due to measures implemented by the authorities in connection with COVID-19. This legal update sets out, inter alia, the eligibility criteria and the application process for the grant of a Waiver.

Please click here to read more about the update.