Ayondo requests extension of FY2018 results release date

The firm’s new deadline would be on April 1 instead of March 1.

Ayondo lodged a request to the Singapore Exchange (SGX) to be given a one-month extension of time to release their unaudited full-year 2018 results, according to a stock exchange filing.

If permitted, this would allow the company’s deadline to be moved to April 1, from the original submission date of March 1. Ayondo also requested that the release date of their Q1 2019 results be moved to April 15.

Ayondo cited the reasons for seeking extensions, which include the expending of additional resources and personnel of the finance team of the group to assist with the queries relating to the compliance with the regulatory requirements of the Financial Conduct Authority in the UK . It also said “more time” is required for its auditors to complete and finalise its independent auditors’ report in respect of the company and group’s financial statements for FY2018. 

Also read: Fintech firm Ayondo reallocates IPO proceeds amidst 9% revenue dip