The clock seems to be ticking louder by the day for the one-time darling of the ASX, Corporate Travel Management (CTM) AU/NZ, with the company’s immediate future in doubt. If you recall, the Brisbane-based company suspended trading on August 22 after they announced they were reviewing their financial statements for the last three years. The business travel specialists – with a valuation of $2.35bn – engaged number crunchers KPMG to complete an audit by September 25, which has now stretched out to sometime in November. And like that old Marvin Gaye number we’re asking: “What’s Going On”. Read more: https://bit.ly/3K1cAPv
