KUALA LUMPUR: The Securities Commission has extended the deadline for the issuance of a Real Estate Investment Trust's annual report to four months after its financial year end.
In a statement, the regulator said the adjustment of the deadline, which was previously set at two months, aligns the reporting timeline for listed REITs with that of public-listed companies (PLC) on Bursa Malaysia Securities Bhd.
The SC said it granting the listed REITs an equal time for annual report issuance, it was recognising the similarities in content requirements to ensure consistency across both types of entities.
"Despite the extended timeline, unit holders of listed REITs will still receive financial information within two months after the REIT’s financial year end through its quarterly announcements on Bursa Malaysia," it said.
The amended Guidelines on Listed Real Estate Investment Trusts and Guidelines on Real Estate Investment Trusts can be referred here.
