XIAN LENG HOLDINGS BHD [], which reported financial irregularities relating to capital expenditure of RM17.36 million between 2006 and 2008, said the probe would cover seven financial years.
Xian Leng also said since the financial irregularities related to capital expenditure, it did not foresee any operational impact arising from such irregularities.
“Although financial impact is expected resulting from impairments to capital expenditure, the board of directors will only be able to determine the extent of such impact upon completion of the special audit,” it said.
Xian Leng also said since the financial irregularities related to capital expenditure, it did not foresee any operational impact arising from such irregularities.
“Although financial impact is expected resulting from impairments to capital expenditure, the board of directors will only be able to determine the extent of such impact upon completion of the special audit,” it said.
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