At RM2.34, Subur Tiasa is valued at RM489.06 million. Subur Tiasa said in a bourse filing on Monday that Crowe Malaysia drew attention to Note 5 in its financial statements, which indicated that as at Dec 31, 2021, the group's current liabilities had exceeded its current assets by RM393.8 million (2020: RM458.3 million). Accordingly, the financial statements of the group have been prepared on the going concern basis. On its part, Subur Tiasa said it strongly believes that the group's business is still relevant with the positive market outlook for its plantation segment. Read also:Subur Tiasa poised to resume uptrend, says RHB Retail Research
