Mega Genomics Limited Reveals Forensic Investigation Findings Amid Trading Suspension
I'm PortAI, I can summarize articles.
Mega Genomics Limited (HK:6667) has announced findings from an independent forensic investigation by Grant Thornton Advisory Services Limited. This investigation was prompted by audit issues concerning revenue recognition from genetic testing kits, the company's main revenue source. The investigation assessed the reasonableness of revenue recognition for kits that were delivered but not used or not yet delivered. The findings have been reviewed by the company's Investigation Committee and Board and are pending review by the Stock Exchange for resumption requirements.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments