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BEING the fickle creatures that we are, we change our minds all the time. But when an audit opinion is withdrawn, that’s highly unusual. This is why there was much surprise when 1Malaysia Development Bhd and Deloitte Malaysia separately told the public on Tuesday that 1MDB’s audited accounts for 2013 and 2014 should no longer be relied upon.
When listed companies don’t comply with good practices, they must explain what else they can do
GOLDEN Plus Holdings Bhd (GPlus) will be delisted on Tuesday. But that shouldn’t be the end of the story. If that’s the last we hear of the company, we would have reason to question the level of corporate governance and regulatory effectiveness in Malaysia.