Brief: Australia's ASIC Says Link Group Restates 2023 Results Following Concerns Raised By ASIC

Link Administration Holdings

03/11/2023 01:10

Nov 3 (Reuters) - 
    Australia's ASIC: 
  
    * LINK GROUP RESTATES 2023 RESULTS FOLLOWING CONCERNS RAISED
BY
ASIC
    * RAISED CONCERNS LINK GROUP’S FINANCIAL REPORT HAD MATERIAL
MISSTATEMENTS IN  CARRYING VALUE OF FUNDS SOLUTIONS  BUSINESS
ASSETS
    * REMINDS PREPARERS OF FINANCIAL REPORTS CONSIDERATION
SHOULD BE
GIVEN TO ADEQUACY OF PROVISIONS FOR LIABILITIES AND VALUATION OF
ASSETS


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 ((Archishma.Iyer@thomsonreuters.com;))