REDtone auditors give ‘qualified opinion’ on group's financial statement

PETALING JAYA: The independent auditors of REDtone International Bhd have expressed a qualified opinion for the group’s financial statements for the period ended May 31, 2014.

The basis for chartered accounting firm Crowe Horwath’s qualified opinion was that REDtone should have made an adjustment for impairment on overdue amounts from a third party.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

CPO futures likely to trend lower next week
Oil ends week lower as demand concerns face Russia supply ban
CapBay empowers SMEs, offers investment opportunities
BFood aims higher amid rising competition
Bearish stance on bonds and currency
Steady outlook for luxury condominium segment
No major change in salaries
Short position: Narrowing of valuation discounts, Food for thought
Long way to go for Malaysian carbon market
CEO shares insights into group’s outlook

Others Also Read