| Pwc | | 16-Mar-26 | | PwC was unable to assess the nature, timing and scope of any additional audit procedures necessary or commit to a definitive timetable about the completion of the additional procedures with respect to certain agreements entered into by the Company shortly after its initial public offering with three service providers for services (including public relations, data analysis and consultancy, and social media promotion services over a period of multiple years) under which the Company made upfront payments of HK$70m, and the Company did not accept PwC’s additional audit fee to be incurred. As of the date of the Resignation Letter, PwC had not received the requested detailed scope of the Investigation, nor the requested explanation, documents or information in respect of the Matters. PwC therefore indicated that it could not commit a definite timetable about the completion of the additional procedures. |
