Neo Telemedia (08167) announced that its annual results for 2023 will be further delayed due to the need to collect and organize required information and documents from its subsidiaries as requested by the auditing process, including but not limited to: 1. audit confirmations sent to and received from banks, suppliers, and customers; 2. legal confirmations on lawsuits of some subsidiaries; 3. valuation results of impairment assessment of the group; and 4. proof documents for operating capital forecast for ongoing operation.
According to the announcement from Neo Telemedia (08167), the annual results report for 2023 will be further delayed due to the company still collecting and organizing necessary information and documents that are requested by its auditors from its subsidiaries, including, but not limited to: 1) audit confirmation letters sent to and received from banks, suppliers, and customers, 2) legal confirmations on lawsuits against some subsidiaries, 3) valuation results of impairment assessment of the group, and 4) proof documents for the forecast of operating capital for ongoing operations.
