PT International Development Corp. Addresses Accounting Disclaimer in 2024 Annual Report

Reuters

May 29

PT International Development Corp. Addresses Accounting Disclaimer in 2024 Annual Report

PT International Development Corporation Limited has released a supplemental announcement addressing an accounting issue related to a disclaimer of opinion in their annual report for the year ended 31 March 2024. The company is taking steps to mitigate liquidity pressures and improve its financial position to address concerns over its ability to continue as a going concern. The disclaimer of opinion was noted in their annual report dated 20 May 2025, concerning the disposal of underlying assets managed by a fund, including shares of STX Corporation Limited and STX Green Logis Ltd. The company is in liaison with the general partner of the fund to ensure the disposal of these assets when appropriate market prices are achieved.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT International Development Corporation Limited published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.

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Addresses Accounting Disclaimer in 2024 Annual Report","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      PT International Development Corp. Addresses Accounting Disclaimer in 2024 Annual Report\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        PT International Development Corporation Limited has released a supplemental announcement addressing an accounting issue related to a disclaimer of opinion in their annual report for the year ended 31 March 2024. The company is taking steps to mitigate liquidity pressures and improve its financial position to address concerns over its ability to continue as a going concern. 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Addresses Accounting Disclaimer in 2024 Annual Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-29 20:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      PT International Development Corp. 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