on Rektron Group Inc.
Rektron Group Updates on Financial Filings and Litigation
Rektron Group Inc., a global commodity trading company, has shared updates regarding its pending annual financial filings. Despite an earlier announcement on November 24, the audit completion is delayed due to outstanding third-party confirmations from its subsidiaries in Hong Kong SAR and UAE. These confirmations are critical to finalizing the audit in compliance with standards, impacting the timeline for completing the Annual Filings.
Rektron is actively resolving these issues and aims to fulfill its reporting obligations promptly. In addition, the company faces litigation involving claims of wrongful dismissal and contract breaches. Rektron considers these claims unfounded and plans to defend itself rigorously, seeking to recover legal costs.
R. H.
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