Brief: Jason requests for conversion of its trading halt to a voluntary trading suspension

Assurance Healthcare

14/01/2016 04:18

Jan 13 (Reuters) - Jason Holdings Ltd  JAHL.SI : 
* Company had, on 13 January 2016, requested for conversion of its trading halt to a voluntary trading suspension 
* Board will commission a special independent committee to review the findings of the IA report in detail 
* Says auditors have not completed the aforementioned AUPS 
* IA report highlighted material findings JPS did not make salary payments to certain employees in accordance with timelines stipulated in employment act 
* Says unable to quantify the amount of misstatement in the HY2015 results announcement 
* Potential overstatement of about S$2 million in profit and loss position of group for HY2015 due specifically to omissions identified" 
 
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