Thursday, July 10, 2014

Infinio

Infinio - The group's auditors released an independent report few days ago, where they drew an emphasis on matter to the grou's net loss of $1.5m i FY13, and highlighting that the group's current liabitilies excedded its current assets by $3.9m. This could cast siginificant doubt on the ability of the group to meet their olibaitions as and when they fall due and operate as a going concern. More info can be found via the link below. http://infopub.sgx.com/FileOpen/IFG_Independent.auditors.report.FY2014.ashx?App=Announcement&FileID=304296

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