AEEI warns of accounting errors in previous Ayo results
The group says its subsidiary, Ayo Technology, had accounting errors in its unaudited interim results for 2018 and 2019
12 June 2020 - 16:34
African Equity Empowerment Investments (AEEI), the parent company of Ayo Technology, said on Thursday that it has identified accounting errors in the subsidiary’s prior financial results.
AEEI said the errors were in Ayo’s unaudited interim results to end-February 2018, as well as the same period in 2019, saying in a trading update that it will go into detail when it releases results on June 15...
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.