Brief: Nova LifeStyle Announced Results Of Special Procedures Performed By Co's Auditors At Direction Of Audit Committee

XMax

29/03/2019 11:48

March 29 (Reuters) - Nova LifeStyle Inc  NVFY.O :
    * NOVA LIFESTYLE - ANNOUNCED RESULTS OF SPECIAL PROCEDURES
PERFORMED BY CO'S AUDITORS AT DIRECTION OF AUDIT COMMITTEE
    * NOVA LIFESTYLE - SPECIAL PROCEDURES REVEALED NO EVIDENCE
OF
FICTITIOUS SALES OR CUSTOMERS, DISPROVE MALICIOUS ASSERTIONS SET
FORTH IN ANDRI REPORT
    * NOVA LIFESTYLE - DISCOVERED COMPUTATIONAL ERROR IN
NARRATIVE
PORTION OF CO'S 2016 ANNUAL REPORT ON FORM 10-K
    * NOVA LIFESTYLE INC - 2015 AND 2016 FINANCIAL STATEMENTS
INCLUDED
IN 2016 ANNUAL REPORT WERE UNAFFECTED
    * NOVA LIFESTYLE INC - BELIEVES COMPUTATIONAL ERROR WAS
IMMATERIAL
    * NOVA LIFESTYLE - AUDIT OF 2018 FINANCIAL STATEMENTS IS
ONGOING,
EXPECTS TO FILE ANNUAL REPORT ON FORM 10-K FOR YEAR ENDED DEC 31
ON OR BEFORE APRIL 1

Source text for Eikon:  ID:nGNXxt7Hs 
Further company coverage:  NVFY.O 

 (Reuters.Briefs@thomsonreuters.com)