Hatten Land eyes the metaverse but struggles to meet prosaic deadlines for results, AGM

HATTEN Land has faced difficulty this year putting together its financial statements, because of Malaysia's "movement control orders" to curb the spread of Covid-19.

On Aug 3, the Catalist-listed Malaysian property developer said it had applied to the Singapore Exchange (SGX) for 60-day extensions of deadlines to announce its financial statements for FY2021 ended Jun 30 and to hold its annual general meeting (AGM).

"The group's employees have been unable to access the office premises since May 2021 and therefore the financial team faced difficulties in preparing the financial statements as well as providing financial information to the auditors for audit purposes," said the company, which is headquartered in the historic Malaysian city of Melaka.