Keppel Corporation has sought approval from Singapore's authorities to delay holding its Annual General Meeting (AGM) because of the coronavirus pandemic.

Keppel on Monday said it had sought and been granted a waiver until 29 June at the latest to hold its AGM for the last financial year.

“In view of the Covid-19 situation and the tightened safe distancing requirements, the company has decided to defer its AGM for the 2019 financial year, said Keppel.

The tentative revised timeline is to release notice of the AGM on 15 May and to hold the meeting on 1 June.

“Shareholders should note that the above timetable is indicative only and may be subject to further changes taking into consideration the evolving Covid-19 situation and further regulations, directives, measures or guidelines that may be issued by any government and regulatory agencies from time to time,” added Keppel.

The Singaporean conglomerate has also applied to the Accounting and Corporate Regulatory Authority (ACRA) for an extension to file its 2019 annual return.

The annual report will be issued to shareholders and Singapore Exchange Securities Trading by 15 April.