Buddy Technologies writes down intangible assets
Buddy Technologies Limited (Buddy) has written down the intangible assets of its consumer lighting business by $44.8 million in its financial report for the half-year ended 31 December 2021. ASIC reviewed Buddy’s financial report for the year ended 30 June 2021. As part of its financial reporting surveillance program, ASIC raised questions about Buddy’s consumer …
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