Geong International Limited Audit update

 
TIDMGNG 
 
GEONG International Limited 
 
                          ("GEONG" or the "Company") 
 
                                 Audit update 
 
GEONG International Limited (AIM: GNG), the AIM listed, Beijing based, provider 
of content management software and solutions, announces that as part of the 
ongoing audit process it is reviewing the recoverability of its trade debtors 
and accrued income which as at the interim date stood at GBP21.6m. While a final 
conclusion has not yet been reached, the directors believe that they are likely 
to conclude that a significant provision will be required against these. 
 
Further announcements will be made in due course. 
 
 
For further information, please contact: 
 
GEONG International Limited                             Tel: +86 10 8586 9655 
 
Henry Tse, Chairman 
 
Weidong Wang, CEO 
 
finnCap Ltd - Nomad and broker                        Tel: +44 (0) 20 7220 0500 
 
Jonny Franklin-Adams / Scott Mathieson 
 
 
 
END

(END) Dow Jones Newswires

September 14, 2015 09:44 ET (13:44 GMT)

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