Application for Extension of Time to Announce Financial Results for Q1FY2019 / 申請延期公告Q1FY2019之財報
The Board of Directors (the “Board”) of Regal International Group Ltd. (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Company had on 7 May 2019 applied to the Singapore Exchange Securities Trading Limited (the “SGX-ST”) for an extension of time (the “Extension”) to announce its financial results for the first quarter ended 31 March 2019 (“Q1FY2019”).
Pursuant to Rule 705(2) of the SGX-ST’s Listing Manual, the Company is required to announce its financial results for Q1FY2019 by 15 May 2019.
The Company has been eagerly preparing its audited FY2018 financial statements with its auditors. The FY2018 audited financial results which are still not finalized will impact on the opening figures of FY2019 financial results. Therefore, the Company believes that it would be more appropriate and accurate to prepare its FY2019 financial results with opening balances brought over from FY2018 audited financial results, as well as for financial results comparative purposes.
In view of the foregoing, the Company requires more time to prepare its financial results announcement for Q1FY2019 and hope that SGX-ST would grant the Company an extension until 15 July 2019 to complete the financial results announcement for Q1FY2019. The Company believes that the interests of its shareholders are best served by the Extension.
Regal International Group Ltd. (簡稱“公司”及旗下所有子公司統稱“集團”) 的董事會 (簡稱“董事會”) 僅此宣佈公司已於2019年5月7日向新加坡證券交易所 (簡稱“SGX-ST”) 提交申請，延期 (簡稱“延期”) 公告截至2019年3月31日首季度 (簡稱“Q1FY2019”) 之財務報告 (簡稱“延期”)。
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