Powered by Blogger.

Home

Nasioncom Caught Inflating Sales Revenue

Thursday, February 15, 2007

Posted on Business Times.


SC raps NasionCom for inflating revenue figures

The telecommunications service provider has to rectify and re-issue its financial statements for the year ended December 31 2005 within a month

“NasionCom’s revenue of RM194.98 million as reflected in its 2005 financial statements contained RM143.11 million sales that were not transacted,” the SC said in a press release late yesterday.

0 comments:

  © Blogger templates Newspaper by Ourblogtemplates.com 2008

Back to TOP