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Karambunai Corp auditors warn of going concern risk



KUALA LUMPUR: Karambunai Corp Bhd ’s independent auditors have cautioned of a material uncertainty that may cast significant doubt on the group’s ability to continue as a going concern.

In a filing to the stock exchange on Monday, the property and tourism outfit said its auditors had drawn attention to the material uncertainty related to going concern in its independent auditors’ report dated July 18, 2017 in respect of the group’s financial statements for the financial year ended March 31, 2017.

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