CPM Group Limited Changes Auditor to Enhance Cost-Effectiveness
CPM Group Limited has changed its auditor from Ernst & Young to ZHONGHUI ANDA CPA Limited due to a disagreement over audit fees. The company cites competitive proposals and industry expertise as reasons for the change, and believes it will not significantly impact the annual audit for 2025. This decision is considered in the best interest of the company and its shareholders.
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An announcement from CPM Group Ltd. ( (HK:1932) ) is now available.
CPM Group Limited has announced a change in its auditing firm due to a disagreement over audit fees with its previous auditor, Ernst & Young (EY). The company has appointed ZHONGHUI ANDA CPA Limited as the new auditor, citing competitive proposals and industry expertise as reasons for the change. The board believes this transition will not significantly impact the annual audit for the year ending December 31, 2025, and is in the best interest of the company and its shareholders.
More about CPM Group Ltd.
Average Trading Volume: 39,333
Technical Sentiment Signal: Sell
Current Market Cap: HK$142M
