Malaysia Steel Manufacturer   

Financial Highlights

Home /

28 May 2015

Application for an Extension of Time

The Board of Directors of MASTEEL wishes to announce that the Companies Commission of Malaysia had via their letter dated 22 May 2015 which was received on 26 May 2015, informed the Company that they have resolved to reject the Company’s Application for an extension of time pursuant to Sections 143(2) and 169(2) of the Act, to hold the 2015 Annual General Meeting and table its audited financial statements for the financial year ended 31 December 2014 to 25 September 2015 which was submitted on 11 May 2015.

The reason for the Application was due to the ongoing special review by UHY Advisory (KL) Sdn Bhd, the Special Auditors to conduct an independent and comprehensive review of the issues raised by the Messrs Nexia SSY, the External Auditors on the financial statements of the Company for the financial year ended 31 December 2014. The Special Review is expected to be completed in six (6) weeks from 30 April 2015.

This announcement is dated 27 May 2015.

Back to Top