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Ourgame International Holdings Ltd ( (HK:6899) ) has issued an update.
Ourgame International Holdings Ltd has completed an investigation and internal control review regarding financial discrepancies involving approximately RMB8.38 million in expenses paid by the former CEO on behalf of the company. These expenses, including legal fees and severance payments, were not properly recorded in the company’s financial statements for FY2021 and FY2022. The investigation, conducted by Baker Tilly, and the internal control review by HLB, led to recommendations for improvements in financial reporting and internal controls.
More about Ourgame International Holdings Ltd
Ourgame International Holdings Ltd is a company incorporated under the laws of the Cayman Islands, operating in the gaming industry. It is listed on the Hong Kong Stock Exchange and focuses on providing online gaming services.
Technical Sentiment Signal: Sell
Current Market Cap: HK$200.2M
Find detailed analytics on 6899 stock on TipRanks’ Stock Analysis page.