January 04, 2017 BY Valentina Kirilova
Kalina Power to reverse intangible asset relating to New Energy Asia
ASX-listed Kalina Power Limited decided to amend the accounting for its subsidiary New Energy Asia Limited (NEA) when it releases its half-year financial report for 31 December 2016. ASIC made inquiries about Kalina's deconsolidation of NEA in its financial report for the year ended 30 June 2015 and the subsequent reconsolidation of NEA in the 30…
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