Even the issues raised by KPMG is trivial, company should offer some countermeasures on how to avoid future misunderstanding by auditors. And also to provide comfort to all stakeholders.
For example, if auditor cannot find the address of said supplier, then maybe ask a rep from company to guide the way. Or maybe give them an exact gps location (latitude, longitude).
Serba Dinamik may or may not have an issue with its accounts which is still subject to an independent reviewer to assess the veracity and accuracy of the matters highlighted by the ex-external auditor KPMG PLT
What is for sure without a shadow of a doubt however is the opening of Genting's 100%-owned Resorts World Las Vegas. You can check the address (road is called Genting Boulevard and Goh Tong Way) or call the number(s). Better still you may visit the building - you can't quite fake an entire USD $4.3 billion resort complex
As such, the numbawan top pick sure win Recovery (T&T) and Value and Growth stock is Genting Berhad (3182)
The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, property cycle, commodities cycle...
1971 Genting Highlands Opens 2021 50 Years of History and Growth
2009 Global Financial Crisis 2020 Covid-19 Pandemic
2009 Year of the Ox (KLCI + 44%) 2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens 2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (all time high) 2020 Nov RM2.95 (low) to 2022 RM ????
History always repeats itself
Years of downtrend will be replaced with years of uptrend
Genting will once again go on a supercycle Superbull run in the Year of the Golden Ox as the economy recovers and accelerates as history has shown countless times after every recession
Sincerely, EMSVSI
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