The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

NoonTalk needs continued financial support from CEO Dasmond Koh, auditors warn

News Snapshot:

SINGAPORE – NoonTalk Media’s financial difficulties appear to remain unsolved despite financial support from its chief executive and controlling shareholder Dasmond Koh.Auditors flagged significant uncertainty over the talent management, multimedia production and events firm’s ability to continue operating, citing its losses, cash outflows and liabilities exceeding assets.The warning was disclosed in an Oct 14 announcement on its audited financial statements for the year ended June 30.Koh has given a written undertaking to provide the necessary financial support for 12 months from Oct 14 to help the company meet its debts as they fall due, NoonTalk said in the statement.The support…

Other China Tech Buzz: