Link: https://links.sgx.com/1.0.0/corporate-announcements/4H5I1YSUOVP9LHB3/7b8588fa3e38571d7af862faf331a2a328b76ff41f2ef514060c63f4cea8b322

Summary: The independent auditor, PKF-CAP LLP, has raised concerns about AJJ Medtech Holdings Limited's ability to continue as a going concern in their report for the financial year ended December 31, 2024. This is due to the Group's reported loss after tax, net operating cash outflows, and net liabilities. While the Board of Directors believes the going concern basis is appropriate based on factors like director loans and creditor negotiations, the auditor has highlighted this material uncertainty without modifying their opinion. The report also identifies key audit matters such as the impairment assessment of the investment in a subsidiary and the recoverability of amounts due from subsidiaries.