Edition:
India

EOH Holdings Says Board Continues To Investigate R1.2 Bln Of 'Suspicious' Transactions


Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - Eoh Holdings Ltd ::EOH HOLDINGS - FOLLOWING INTERIM UPDATE ON FORENSIC INVESTIGATION ENSAFRICA & BOARD CONTINUE TO INVESTIGATE R1.2 BILLION OF SUSPICIOUS TRANSACTIONS.EOH HOLDINGS LTD - ENSAFRICA INVESTIGATION FOUND EVIDENCE OF A NUMBER OF "GOVERNANCE FAILINGS AND WRONGDOING AT EOH".EOH HOLDINGS LTD - EOH IS SIMULTANEOUSLY ASSESSING FINANCIAL IMPACT OF FINDINGS.EOH - EXPECTS TO HAVE REASONABLE ASSESSMENT ON FINDINGS AT TIME OF ANNOUNCING RESULTS FOR YEAR ENDED 31 JULY 2019 ON OR ABOUT 15 OCTOBER 2019.EOH HOLDINGS - EXACT NATURE OF EACH OF SUSPICIOUS TRANSACTIONS IS IN FINAL STAGES OF BEING VERIFIED. 

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