Thursday, May 5, 2011

Fitters: Delay in audited statements due to need for external confirmations

KUALA LUMPUR: FITTERS DIVERSIFIED BHD [] said the reason for failing to issue the annual audited financial statements by April 30, 2011 was that the external auditors were still following up on certain external confirmations.

In a reply to a Bursa Malaysia Securities query on Thursday, May 5 that the external auditors needed more time to audit the presentation and reconciliation of certain disclosure notes to the financial statements.

Fitters said 'the auditors and management are progressing well and are expected to be able to submit the annual audited financial statements by Friday, May 6'.

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