Macau Legend Development Auditor Resigns Over Fee Dispute and Going Concern Uncertainties

Reuters
2025.12.01 13:10
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Macau Legend Development Ltd. announced that Baker Tilly will replace EY as its auditor following EY's resignation due to a fee dispute and concerns about the company's ability to continue as a going concern. EY did not provide opinions on the company's financial statements for 2024 or interim financial information for the first half of 2025, citing multiple uncertainties. Further details are available in the company's annual and interim reports.

Macau Legend Development Ltd. has announced a change of auditor, with Baker Tilly appointed to replace EY. The transition follows EY’s resignation, which was attributed to a disagreement over audit fees and significant concerns regarding the Group’s ability to continue as a going concern. EY did not express an opinion on the company’s consolidated financial statements for the year ended 31 December 2024, nor on the interim financial information for the six months ended 30 June 2025, citing multiple uncertainties related to going concern. Further details on these uncertainties are available in the company’s respective annual and interim reports. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Macau Legend Development Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937797), on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)