auditor's report

Management & Corporate Governance

Board says USP Group can continue as going concern, despite auditors' red flags

SINGAPORE (Sept 16): USP Group, the trader of oil and marine equipment as well as property developer, is expected to continue as a going concern, says its board in an early Saturday morning filing.

Management & Corporate Governance

Eneco Energy hires investigator to probe $3.9 mil payment

SINGAPORE (June 11): Eneco Energy, previously known as Ramba Energy, has decided to appoint an independent external reviewer to obtain satisfactory audit evidence or explanations regarding a certain payment of $3.9 million by a subsidiary of the company t

Singapore eDevelopment auditors’ cast doubt on group’s ability to continue as going concern

SINGAPORE (April 3): Singapore eDevelopment says its independent auditor, Ernst & Young LLP, has included an emphasis of matter in its report on the audit of the financial statements of the group for the FY16 ended Dec.

Nam Cheong’s auditors cast doubt on company’s ability to continue as going concern

SINGAPORE (March 17): The independent auditors of Nam Cheong have issued a report indicating the existence of a material uncertainty exists that may cast doubt on company’s ability to continue as going concern.
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