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Astaka auditors flag going concern issues amid muted M'sian property market

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Vivienne Tay

Published Tue, Jan 7, 2020 · 09:50 PM

Singapore

ASTAKA Holdings is the latest among Singapore-listed property developers with projects in Johor to get flagged by its auditors regarding going concern matters.

The group on Monday night said its independent auditors have drawn attention to potential doubts about the company's ability to continue as a going concern, and flagged uncertainties related to the pending outcome of an independent review.

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