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OTHERS POSTPONEMENT OF THE TWENTY-FIRST ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING OF COCOALAND HOLDINGS BERHAD

COCOALAND HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
POSTPONEMENT OF THE TWENTY-FIRST ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING OF COCOALAND HOLDINGS BERHAD

Cocoaland Holdings Berhad (“Cocoaland” or “the Company”) had on 24 May 2021, issued the notice of its Twenty-First Annual General Meeting (“21st AGM”) and Extraordinary General Meeting (“EGM”) to be held at Concorde Ballroom, Lobby Level, Concorde Hotel Kuala Lumpur, 2, Jalan Sultan Ismail, 50250 Kuala Lumpur on Thursday, 17 June 2021.

 

In light of the announcement made by the Government of Malaysia on 28 May 2021 in relation to the implementation of a total lockdown starting from 1 June 2021 up to 14 June 2021 to curb the sharp increase in COVID-19 infection in Malaysia, the Board of Directors (“Board”) of Cocoaland has decided to postpone the 21st AGM and EGM to a later date which will be notified in due course.

 

In addition, the Companies Commission of Malaysia (“CCM”) has invoked its authority to grant (i) an extension of time (“EOT”) for a period of ninety (90) days for affected companies with financial years ended on 1 November 2020 to 31 January 2021 to hold an annual general meeting in accordance with the powers under Section 340(4) of the Companies Act 2016 (“the Act”) and (ii) an EOT for a period of ninety (90) days for affected companies to lodge financial statements and reports in accordance with the powers under Section 259(2) of the Act.

 

In view of the above, Cocoaland has on 1 June 2021 submitted an application to the CCM for an extension of time of up to 28 September 2021 to hold the Company’s 21st AGM pursuant to Section 340(4) of the Act.

 

The Board will continue to monitor the evolving situation of COVID-19 in Malaysia before fixing a new date for the 21st AGM and EGM as the safety of our shareholders, advisers and staff who will be attending the general meetings is of paramount importance to the Company.

 

This announcement is dated 1 June 2021.






Announcement Info

Company Name COCOALAND HOLDINGS BERHAD
Stock Name COCOLND
Date Announced 01 Jun 2021
Category General Announcement for PLC
Reference Number GA1-01062021-00107