Managing Company Marden Property LLP announces reasons for delay in submitting the auditor's report on consolidated financial statements for 2025
/KASE, July 22, 2026/ – Managing Company Marden Property LLP (KASE ticker – MRDN) reported the following:
beginning of quote
Managing Company Marden Property LLP (hereinafter, Company), the issuer of MRDNb1 bonds admitted to trading on the Kazakhstan Stock Exchange (KASE), announces the reasons for delay in providing the auditor's report on the Company's consolidated financial statements for the year ended December 31, 2025.
In accordance with Contract No. AUD-2023-00112 dated October 9, 2023, the audit of the Company's consolidated financial statements is carried out by independent audit organization Ernst & Young LLP (EY). As of the current date, the audit team has completed the main audit procedures; currently, EY and the Company are at the stage of agreeing the final textual disclosures in the consolidated financial statements.
The delay is due to the fact that, in connection with the Company acquiring the status of a public interest organization following placement of bonds in 2025, the auditor requires additional time to carry out the expanded internal quality control procedures required for organizations with this status.
Taking into account the remaining procedures, the release of the auditor's report on the Company's consolidated financial statements for 2025 is planned by August 21, 2026.
end of quote
Full version of the press release is posted at see more
[2026-07-22]