Auditor expresses qualified opinion on SMTrack’s audited financial statements


PETALING JAYA: Track and trace solutions provider SMTrack Bhd’s external auditor, Messrs KC Chia & Noor, has expressed a qualified opinion on the company’s annual audited financial statements for the financial year ended July 31, 2016 (FY16).

In a filing with Bursa Malaysia, SMTrack said the auditor highlighted three issues that remained unresolved during the financial year in question – the carrying value of certain assets, accounts’ opening balances and a gain on disposal of a subsidiary company.

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