LISTED transport and logistics firm 2Go Group, Inc. could face a P1-million fine once an inquiry proves it has misdeclared its financial statements, a top Securities and Exchange Commission (SEC) official said late Tuesday. “Every year, we evaluate all the financial statements of all publicly listed companies. In this instance, we haven’t gotten to 2016 financial statements yet. On Friday, reports said that the company had misdeclared its financial statements for the full year 2015 up to the first quarter of 2017. “Financial statements originate from the company’s finance officials.

Source: Manila Times July 12, 2017 01:41 UTC