The disclosure states that the company's securities were transferred to the CSE Watch List effective 20th October 2026 due to a Disclaimer of Opinion in its FY2025/26 audited financial statements, arising from disagreements over the investment property valuation and a KMP advance, and that the Board disputes the auditors' basis for the disclaimer while committing to remedial action within six months.
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Private Client Group Research summarized from KIE research report
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