Embattled Luxe is restating financial accounts
Material errors discovered in reporting in previous years
01 August 2022 - 20:22
Microcap Luxe Holdings, which owns Arthur Kaplan jewellers and NWJ, is restating its financial accounts for a number of years as certain transactions were not reported in the manner required by international accounting standards.
But the embattled jewellery holding company did not disclose how many years’ accounts had material errors and if the reporting errors were minor or big...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.