The company said it had engaged Alvarez & Marsal to evaluate the inbound indications of interest for some of its divisions, without giving any further details.

MJ Hudson, which provides advisory, outsourcing and data services to asset managers, suspended Chief Financial Officer Peter Connell last month and warned it would not be able to complete auditing its full-year 2022 results by the end of that month as more financial discrepancies had come to light.

The company, whose shares were suspended on Dec. 12, said on Monday it continues to work to achieve the necessary clarity on its full-year financials.

MJ Hudson said Ran Oren will take over as interim CFO.

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio D'Souza)