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Change In Financial Year End
BackMay 24, 2021
Old financial year end | 31 Dec 2020 |
New financial year end | 30 Jun 2021 |
Remarks : |
The Board is desirous to change the financial year end of the Company from 31/12/2020 to 30/6/2021 due to continuing extension of the MCO in Malaysia and lockdowns in countries in which the Group operate, which hampered the ability to finalise the Group's financial statements (FS); expansion of Group's operations in new countries further add to more time required to finalise FS; and to facilitate better audit planning and allocation of resources to avoid the peak financial reporting period. |
Announcement Info
Company Name | SARAWAK CONSOLIDATED INDUSTRIES BERHAD |
Stock Name | SCIB |
Date Announced | 24 May 2021 |
Category | Change in Financial Year End |
Reference Number | CFY-24052021-00002 |