KUALA LUMPUR: MMAG Holdings Bhd

said it is now classified as a Guidance Note 3 (GN3) status company after triggering Paragraph 2.1(g) of GN3 of the ACE Market listing requirements of Bursa Malaysia Securities.

In a filing with Bursa Malaysia, the group revealed that external auditors have expressed material uncertainty related to the going concern of the company in the audited financial statements for the financial year ended March 31, 2023.