PETALING JAYA: REDtone International Bhd is confident its receivables are recoverable despite alarm bells raised by its auditors in a qualified opinion for the group’s financial statements.
The company announced that its external auditors Crowe Horwath had expressed a qualified opinion in their report in respect of a debt owing by a third party that stood at RM15.6mil for the financial year ended May 31, 2014 (FY14).
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.