BUSINESS

BOUSTEAD SEEKS TIME EXTENSION TO SUBMIT FINANCIAL STATEMENTS FOR SUKUK PROGRAMMES

22/03/2021 07:36 PM

KUALA LUMPUR, March 22 -- Boustead Holdings Bhd’s (BHB) is seeking the consent from the sukuk holders of its Sukuk Murabahah Programmes to allow the submission of the financial statements, together with the financial covenants compliance certificate and the annual compliance certificate, to be made by May 31, 2021.

In a filing with Bursa Malaysia today, the company said this was in tandem with the one-month extension granted to all listed issuers by the Securities Commission and Bursa Malaysia Bhd for the issuance of quarterly and annual reports due on Feb 28 and April 30, 2021, respectively.

BHB said the statement was to clarify a news article titled “Boustead Holdings seeks time extension to comply with RM2.5b bond covenant” which first appeared on The Edge Markets online news portal today.

“The company will release the necessary announcements in a timely manner to Bursa Malaysia should there be any material information which falls under the Main Market Listing Requirements,” it added.

-- BERNAMA


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