Mushroom production company Yamada Green Resources requested for a voluntary suspension of trading of its shares in light of the fire incident and "financial inconsistencies" during the company's audit.
The company's external auditors, BDO LLP, raised "certain inconsistencies" in the group's financial records for fiscal 2017 and they would, therefore, need more time to perform additional audit works, it said in a statement late on Tuesday evening.
Yamada has now requested for a 7-month time extension to release fiscal results and to hold its annual genenal meeting.
Yamada had earlier asked for an extension without any time duration and was seeking a trading halt till it restores the documents and hardware lost during the incident.
The fire incident that took place on August 30 involved a transport vehicle, which was in the midst of transporting certain finance documents and computer hardware from the company's research and development centre to the group's office premises.
The affected finance documents include certain payment and receiving vouchers, invoices and banking-related advice and documents, it said.
The company will carry out additional audit works in two phases, with the first phase expected to commence within the next one or two weeks in respect of the financial records that are not affected by the fire.
The second phase would commence after the reconstruction of the documents and information affected by the fire.
Reconstruction efforts are presently expected to take approximately four to five months, the company said.
Shook Lin & Bok LLP has been appointed as the company's legal advisers to advise the board and the audit committee.
