CMON Limited, a company incorporated in the Cayman Islands, has recently announced the appointment of an Internal Control Review Expert to address and improve its internal control measures. This decision follows a previous announcement made on April 30, 2025. The review will focus on areas such as the subscription of new shares, compliance with specific listing rules, and delays in providing financial information for the year ended December 31, 2024. The appointed expert will conduct a thorough review, propose recommendations, and assist in establishing necessary internal control policies to remedy identified deficiencies. A Scenario Analysis Report is expected to be finalized within one month of the appointment, with follow-up reviews scheduled to ensure effective implementation of recommendations. CMON Limited plans to update shareholders and potential investors on the findings once the report is completed.
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