Something's up with this counter. The PN1 was not resolved again and the Company suddenly change their year end to April 2012. Delaying accounts for? Any idea anyone?
Financial Impact The results and/or findings of the Investigative Audit Report will not have any impact on the financial performance and position of the Group as the new management had took reasonable steps to ensure all ‘non-existence’ and obsolete inventories, and all known bad debts had been written-off during Financial Period EndedPE 30 June 2012. The value of property, plant & equipment had been properly depreciated and impaired to an amount which they might be expected so to realise.
Operational Impact The results and/or findings of the Investigative Audit Report will not have any impact on the operation of the Group as the new management had took reasonable steps to ensure the Group has good financial reporting system and sound internal control in place.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kenshin
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Posted by kenshin > 2012-01-06 20:56 | Report Abuse
Something's up with this counter. The PN1 was not resolved again and the Company suddenly change their year end to April 2012. Delaying accounts for? Any idea anyone?