According to the market regulator, Asti had sought the extension as its external auditor would only be able to provide its opinion to the audited accounts for FY2021 by Aug 18, 2022.
Singapore Exchange Regulation (SGX RegCo) has issued a notice of compliance to Asti Holdings (SGX:575
) after the company had breached the Mainboard rules when it came to holding its annual general meeting (AGM). According to the rules, an issuer has to hold its AGM within four months from the end of its financial year (FY).
In its statement on April 27, SGX RegCo noted that the exchange had granted the company’s application to extend its deadline to hold its AGM for the FY2021 ended Dec 31, 2021.
