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Financial EDGE

BUA Foods Attributes Delay In Submitting Financial Accounts To Restructuring of Six Entities

By adminResearch Signal
BUA Foods Attributes Delay In Submitting Financial Accounts To Restructuring of Six Entities
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The board and management of BUA Foods Plc, has informed the investing public that the filing of its audited financial statements for the year ended December 31, 2021 would be delayed due to recent restructuring of the six merging entities on December 3rd, 2021, that resulted in the present constitution of the company and eventual listing with the NGX on 5th January 2022

According to a filing to the Nigerian Exchnage Limited (NGX), signed by the company secretary of BUA Foods Plc, Oluseye Alayande, explained that This has by implication elongated the audit process of the company. Necessary steps will be taken by the company to file the 2021 audited financial statement on or before the 15th of April 2022.