“The restatement impacts less than 0.6% of the total magazine circulation of Media24 for this period,” continues the statement.
“Media24 upholds the values and principles of the ABC. The company acted as soon as it became aware of the error. Independent auditors were appointed to do a thorough review to define the extent of the problem and to advise on appropriate remedial actions.
“As a result of the review, there will be a tightening of management procedures,” the statement concludes.
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