Bangkok, June 6, 2014 ? The SEC notified Vintage Engineering Plc. (VTE) to rectify its 2013 and Q1/2014 financial statements due to limitation on auditors? audit/review scope, respectively. VTE is also required to file with the SEC and publicly disclose the rectified and audited/reviewed financial statements by July 6, 2014.

The SEC found that the auditors expressed qualified opinions on VTE?s 2013 and Q1/2014 financial statements respectively due to limitation on their scope of audit/review. Accordingly, the auditors were unable to obtain sufficient and appropriate audit evidence with respect to valuation of investment in PT Sunhub Mining International (SMI), an associated company, and share of loss of investment in SMI; resulted in non-compliance with the Thai financial reporting standards.

The SEC therefore instructed VTE to rectify such financial statements, cooperate with the auditors on the said matters, and then submit to the SEC and publicly disclose the rectified and audited/reviewed financial statements by July 6, 2014.