SMTrack’s external auditors resign

PETALING JAYA: SMTrack Bhd has received a notice in writing from Messrs Russell Bedford LC PLT (Russell Bedford) on their resignation as the external auditors of the company.

“The resignation of Russell Bedford is on a voluntary basis due to resources constraint to allocate time to carry out audit for the newly acquired subsidiary, namely V Ultimate Sdn Bhd, more particularly as Russell Bedford have yet to receive the management accounts for V Ultimate and its subsidiaries as of to-date for them to finalise the audit for the financial year ended Dec 31, 2022,” SMTrack said in a filing with Bursa Malaysia.

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

Next In Business News

Sime Darby Property wins gold and silver at FIABCI World Prix d'Excellence Awards 2023
ABM: Banking industry will thrive under Abdul Rasheed’s leadership at Bank Negara
Delinquent office loans trouble commercial mortgage bond market
Second half 2023 likely bodes well for Bursa
Calls for clear reforms
Pioneering sustainability in property and construction
Bond market key to ending Sri Lanka’s crisis
Another washout quarter
Tech firms face challenges from weak ringgit, softening markets

Others Also Read