Allied Tech suspends trading, appointing special auditor to probe 'concerns'
Singapore
CATALIST-listed Allied Technologies has recommended that its trading halt be converted to a voluntary trading suspension with immediate effect, until the concerns raised by its auditors have been satisfactorily resolved, and a special audit has been undertaken.
The company's shares last traded at 1.1 Singapore cents on May 2, before it requested for a trading halt the next day.
In a regulatory filing on Wednesday, Allied Tech said it is in the process of appointing …
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