Konsortium Transnasional’s liabilities exceed its assets

Nadzmi: We feel that a scheduled fare increase at a lower rate but within a shorter time-frame will be more effective as this will enable the customers to adjust to the new fares.

Auditors express concerns about transport company’s prospects

PETALING JAYA: Konsortium Transnasional Bhd (KTB), whose independent auditors Messrs Jamal, Amin & Partners have expressed concerns about its prospects as its current liabilities have exceeded current assets, says it has started a turnaround process to address the situation.