The Board of Directors of the Excel Force MSC Berhad had approved the change of the financial year end of the Company from 31 December 2022 to 30 June 2023. The next financial year will be commence from 1 January 2022 to 30 June 2023, covering a period of 18 months. Thereafter, the subsequent financial year end shall end on 30 June annually.

The rationale is to allow the Group to avoid the peak financial reporting in December and to enable better planning, coordination and management of its audit reporting.