Albedo's auditors steer clear of opinion
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EVEN as the fate of Albedo's proposed reverse takeover (RTO) deal hangs in the air, its auditors have cast a question mark over an accounting matter.
Foo Kon Tan Grant Thornton LLP is not expressing an opinion on Albedo's FY2013 financial statements, as it has not been able to find enough evidence on the recoverability of amounts owed by its Thai subsidiary.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result