KUALA LUMPUR: Shares of FITTERS DIVERSIFIED BHD [] slipped in early trade on Wednesday, May 4 as it faced suspension for failing to submit its annual audited financial statements for FY ended Dec 31, 2010.
At 9.05am, it was down 13.5 sen to 93.5 sen in active trade.
Bursa Securities said on Tuesday that Fitters failed to submit its annual audited accounts for FY ended Dec 31, 2010 for public release within the stipulated timeframe. It said the company's securities will be suspended with effect from May 10, until further notice.
Fitters, had last Friday, April 29 said'' the board was disappointed that the external auditors had at 4.30pm that day that they could not finalise the audited financial statements (AFS) by that day. The auditors assured the company'' said AFS would be completed by May 6.
'After discussing with the external auditors, the board does not expect the said AFS to have any material changes to the fourth quarter results announced on Feb 14, 2011,' it said.
At 9.05am, it was down 13.5 sen to 93.5 sen in active trade.
Bursa Securities said on Tuesday that Fitters failed to submit its annual audited accounts for FY ended Dec 31, 2010 for public release within the stipulated timeframe. It said the company's securities will be suspended with effect from May 10, until further notice.
Fitters, had last Friday, April 29 said'' the board was disappointed that the external auditors had at 4.30pm that day that they could not finalise the audited financial statements (AFS) by that day. The auditors assured the company'' said AFS would be completed by May 6.
'After discussing with the external auditors, the board does not expect the said AFS to have any material changes to the fourth quarter results announced on Feb 14, 2011,' it said.
No comments:
Post a Comment