|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.6000 - 0.6000|
|52-week range||0.6000 - 228.4000|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The company said it received a notice from UK's tax and customs authority, HM Revenue & Customs, on suspended business registration of its UAE Exchange UK Ltd and Xpress Money Services Ltd. "The company intends to work with HMRC to attempt to restore the registrations," the UK-headquartered firm said.
Finablr, which said in mid-March it was planning for potential insolvency, added it expects forensic experts to be appointed in relation to the probe, which will include a review of payments made and transactions carried out. Finablr has seen a shuffling of its top management, suspension of its shares on the London Stock Exchange and the departure of its auditor Ernst & Young since U.S. shortseller attacked NMC Health, which shares the same founder as Finablr.
Ernst & Young did not immediately respond to a Reuters request for comment. Finablr, which owns Travelex, had warned this month that it was preparing for potential insolvency, while operations of its unit in the United Arab Emirates (UAE) were seized by the country's central bank. The company's problems started when U.S. shortseller Muddy Waters took aim at NMC Health <NMC.L>, which shares the same founder as Finablr - BR Shetty.