Saturday 20 Apr 2024
By
main news image

SINGAPORE (July 3): The board of Informatics Education has expressed confidence of the company’s ability to continue as a going concern.

The is in response to the group’s auditors, Ernst and Young, after it recently expressed uncertainty regarding the group’s ability to continue as a going concern after examining its FY18 financial statements.

The board of Informatics said it had received a letter of undertaking from indirect controlling shareholder Tan Sri Vincent Tan Chee Yioun to provide financial support of up to S$5 million until June 30, 2019... (Click here to read the full story)

      Print
      Text Size
      Share