South Korea’s Asiana Airlines Share Trading Halted After Auditor’s Qualified Opinion

www.oann.com | 7/7/2013 | Staff
SEOUL (Reuters) – The Korea Exchange on Thursday halted trading in shares of South Korea’s Asiana Airlines Inc through Monday after an auditor submitted a report pointing out a lack of evidence to judge the stock value of the airline.

“Based on the report of Asiana Airlines’ auditing firm Samil PwC, the scope of the audit was limited as the auditor could not obtain comprehensive evidence to decide the value of the airline,” an official at the Korea Exchange said on Friday.

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