Great Harvest Maeta Holdings Announces Measures to Address Disclaimer of Opinion in Financial Statements

Reuters
May 26
Great Harvest Maeta Holdings Announces Measures to Address Disclaimer of Opinion in Financial Statements

Great Harvest Maeta Holdings Limited has announced periodical updates regarding their efforts to resolve a disclaimer of opinion identified in their annual report for the year ended March 31, 2024. The board has implemented several measures to improve the company's financial position and liquidity. These include extending the repayment schedule related to settlements and exploring potential fundraising opportunities through the capital market, such as placements or issuing corporate bonds. Additionally, the company is focusing on enhancing the operation of its chartering business to improve cash flow and control expenditures. The company has committed to providing updates every three months until the disclaimer of opinion is resolved.

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