July 9 (Reuters) - Humm Group Ltd (HUM) :
- HAS UNDERTAKEN THOROUGH REVIEW OF HISTORICAL RECORDS WITHIN FLEXIGROUP MANAGED SERVICES DIVISION, WHICH WAS DECOMMISSIONED IN 2018
- FOLLOWING REPORTED INVESTIGATIONS INTO FORUM FINANCE, CO HAS UNDERTAKEN REVIEW OF HISTORICAL RECORDS
- RECORDS INDICATE THAT FLEXIGROUP MANAGED SERVICES GENERATED BUSINESS LINKED TO FORUM FINANCE BETWEEN 2016 AND 2018.
- ON INITIAL REVIEW, CO ESTIMATES MAXIMUM HISTORICAL EXPOSURE TO FORUM FINANCE INCLUDING RECEIVABLES ON-SOLD TO BE $12M POST TAX
- AFTER FLEXIGROUP MANAGED SERVICES SHUTDOWN, MAJORITY OF THESE ASSETS WERE SOLD TO 3RD PARTY & TRANSFERRED OFF BALANCE SHEET IN 2018
- AT THIS STAGE, HAVE NOT CONFIRMED IF ASSETS ARE FRAUDULENT, BUT THAT THEY ARE ASSOCIATED WITH FORUM FINANCE
- INVESTIGATIONS CONTINUING, AND CO AWAITS INFORMATION FROM THIRD PARTIES
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Last
63.0¢ |
Change
-0.015(2.33%) |
Mkt cap ! $310.2M | |||
| Open | High | Low | Value | Volume |
| 64.5¢ | 65.0¢ | 63.0¢ | $935.1K | 1.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 166926 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 5754 | 1 |
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| HUM (ASX) Chart |