Transmile’s revenue may have been overstated, special audit finds

PETALING JAYA: Transmile Group Bhd's revenues for the financial years ended Dec 31, 2005 and 2006 may have been overstated by a total RM530mil, according to preliminary findings of a special audit on the group's annual audited accounts. 

In a statement yesterday, Transmile revealed the preliminary findings of a special audit by Moores Rowland Risk Management Sdn Bhd.