Published 19 February 2020 by Sizwe Dlamini
CAPE TOWN – AYO Technology Solutions on Tuesday announced the withdrawal of a Cautionary Announcement dated June 4, 2019, as the tech company got a clean audit after a thorough audit and investigation by auditors BDO and the JSE.
The company said in a statement on the Stock Exchange News Service (SENS) that the withdrawal included the various subsequent renewals of the cautionary announcement, the most recent of which was dated January 17, 2020, regarding the audit currently being undertaken on the company’s interim results for the six months ended February 28, 2018.
“Shareholders are further referred to the company’s reviewed preliminary condensed consolidated results for the year ended August 31, 2019, released on SENS on December 20, 2019, the change statement in respect of the aforementioned results released on SENS on January 31, 2020, and the company’s Integrated Annual Report incorporating the audited consolidated annual financial statements for the year ended August 31, 2019, posted on the company’s website on January 31, 2020 (‘2019 Integrated Annual Report’),” reads the SENS statement.
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