1. The audit conducted by the Commission of Audit on funds management with the Second Asian Indoor Games Organizing Committee Co. Ltd. (MAIGOC hereafter) found that MAIGOC had no effective procedure to control the moments at which the stockholders should realize their capital contributions, resulting in the accumulation of large quantities of unused funds. At the same time, the early payment resulted also in opportunity costs to the stockholders, since they could have used them for other investments with higher returns. MAIGOC was also unable in evaluating and deciding effectively for investment projects neither for exchange risks measures to minimize losses in exchanges and, at the same time, to create value.

2. Though MAIGOC is already liquidated, the Commission of Audit hopes the audit findings could serve as reference for the Macao Government in the setup of future project-companies supported by public funds, namely in what concerns funds management and exchange risks. Also, the Commission of Audit hopes the experience with MAIGOC could give impulse to setting up effective measures on funds management.