Hence, based on section 258, the first set of Financial Statements of Sdn Bhd could be circulated after 18 months but within six (6) months from financial year end?

Question

Accepted Answer

Yes, for the first set of Financial Statements for a private company, the preparation must be made within 18 months after its incorporation but may be circulated beyond the 18-month period (so long as the circulation is made within 6 months from the financial year end).

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Question: Hence, based on section 258, the first set of Financial Statements of Sdn Bhd could be circulated after 18 months but within six (6) months from financial year end?