Handal gets extension till Dec 2024 to hold AGM

KUALA LUMPUR: Handal Energy Bhd has secured approval from the Companies Commission of Malaysia (CCM) for an extension of time until Dec 31, 2024 to hold its 2024 annual general meeting, in accordance with Section 340 of the Companies Act, 2016.

In a filing with Bursa Malaysia, Handal said the company received the approval from the CCM vide its letter on March 4.

For the 12 months ended Dec 31, 2023, Handal posted a net profit of RM3.2mil, or earnings per share of 1.25 sen on revenue of RM22.24mil.

On Feb 24, Handal announced the change in the financial year end from Dec 31 to June 30 to facilitate better management of resources for smooth flow of business operations and financial reporting.

The new financial year will commence from Jan 1, 2023 to June 30, 2024, covering 18 months. Thereafter, the financial year of the company shall revert to 12 months ending June 30 for each subsequent year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Handal , AGM


Next In Business News

MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close
Fajarbaru wins RM13.33mil contract from Malaysia Airports
Fitters Diversified bags RM26.1mil subcontract from IJM Construction
CIMB Thai 1Q net profit dips 24.6% to 626.1 million baht
Maxis ready to build another 5G network, fully supports govt 5G delivery model
Iconic Worldwide raises RM95.6mil in oversubscribed rights issue

Others Also Read