The Stock Exchange of Thailand (SET) is warning investors to study Nusasiri Plc (NUSA) investment information carefully after its auditor raised an issue about the complexity of the structure of a hotel Nusasiri intended to buy, as well as its business licence in Germany.
The bourse instructed Nusasiri to clarify information in its first-quarter financial statements after the auditor cited matters related to the complexity of the hotel seller’s structure, as well as the rights, trademark and other business licences in Germany.
The auditor has expressed this opinion since the 2021 financial statements and the SET previously required the company to clarify additional information for statements that year and in the third quarter of 2022, especially regarding hotel acquisitions in…
