Company Briefs
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Armarda's auditor raises concern
ARMARDA Group's independent auditor, Crowe Horwath First Trust LLP, has flagged the group's larger net loss of $88.25 million and negative operating cash flows of $70.04 million for the year ended March 31, 2014, in an emphasis of matter. Armarda's directors said that with its existing financial resources, a proposed placement and other plans, they believe the company can continue as a going concern.
Oxley's Sepang tie-up falls through
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