KUALA LUMPUR, Oct 30 (Bernama) -- MAA Group Bhd’s external auditors, KPMG PLT, have issued an unqualified audit opinion on its financial statements for the financial year ended June 30, 2026 (FY2026), while highlighting a material uncertainty related to the group’s ability to continue as a going concern.
MAA Group Faces Going Concern Uncertainty Amid RM106.9 Mln Loss
MAA, auditor, financial statement, Bursa Malaysia
Key takeaways
MAA Group reports a RM106.9 million loss for FY2026, with current liabilities exceeding assets, raising going concern doubts.
- MAA Group's current liabilities exceed current assets by RM3.1 million, creating financial uncertainty.
- The company plans to sell assets and recover loans to improve liquidity and meet obligations.
- MAA expects RM139.1 million from asset sales and has secured funding and shareholder support.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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