Singapore
THE auditors of Catalist-listed EMS Energy at BDO have issued a disclaimer of opinion on the group's consolidated financial statements as at Dec 31 2016, citing doubts over the group's ability to continue as a going business concern.
The BDO auditors pointed out that the current liabilities of both the group and the company have exceeded current assets by about S$126 million and S$39 million respectively. These contrasted with the group's cash and bank balances, which stood at just about...
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