Redco Healthy Living Company Limited (HK:2370) has released an update.
Redco Healthy Living Company Limited has concluded an independent inquiry into audit issues raised by a former auditor, revealing insufficient due diligence on several target companies involved in past transactions. The company faced delays in financial assessments, attributed to the COVID-19 pandemic and staff departures, which may affect investor confidence. These findings could have significant implications for the company’s stock trading resumption and future financial disclosures.
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