Abterra's auditors resign over non-resolution of outstanding audit matters

Singapore

MINERAL and resources company Abterra Limited announced on Tuesday morning that its auditors, Mazar LLP, had given notice of resignation on April 3 over the "non-resolution" of outstanding audit matters.

Mazar had applied to the Accounting and Corporate Regulatory Authority to seek consent to resign as Abterra's auditors over outstanding audit matters pertaining to coal trader Tianjin Bolangxin International Trading Ltd (BLX), a subsidiary in which Abterra indirectly owns 51 per cent.