Mirxes audit delayed over US$14 million prepayments, triggers forensic probe

  • Mirxes shares remain suspended in Hong Kong following delay in publishing fiscal 2025 annual results tied to audit concerns raised by KPMG.
  • Audit work flagged 14 prepayments totaling about US$14 million, with incomplete documentation on commercial rationale, vendor background, procurement compliance.
  • KPMG also identified material cash outflows after Dec. 31, 2025, with questions over whether transactions were in ordinary course of business.
  • Hong Kong Exchange issued resumption conditions requiring independent forensic investigation, internal control review, publication of outstanding results.
  • Exchange set Sept. 30, 2027 as deadline to resume trading before potential delisting under 18-month suspension rule.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mirxes Holding Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260430-12141474), on April 30, 2026, and is solely responsible for the information contained therein.

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