Shareholders of eTranzact International Plc a multi-application and multi-channel electronic transaction switching and payment processing platform, have been assured that the unaudited financial statements of the company for its 2020 half-year/second quarter would be released on or before Wednesday, 30th September 2020.
In a statement, the management of eTranzact International attributed the delay in filing the results to “the development stemming from the need of more time for those charged with governance to gather sufficient underlying information in making some significant estimates which are significant and material to the unaudited financial statements for the period. In light of this, we expect to obtain more comfort based on the outcome of our engagement with specialists.”
The management stated further that,
“We sincerely apologize for any inconvenience caused and we are committed to ensuring the submission of the unaudited Financial Statements to The Exchange on or before 30th September 2020.”