| PwC | | 07-Nov-25 | | The U.S. Department of the Treasury’s Office of Foreign Assets Control (‘OFAC’) designated Mr. Li Thet, a former executive director and the controlling shareholder, under the sanctions administered by the OFAC on 14 October 2025 in connection with his alleged involvement with the Prince Group Transnational Criminal Organization relating to online scams and money laundering activities. This designation gives rise to a conflict with PwC’s ethical responsibilities and client continuance policies, such that PwC has determined it would be inappropriate to maintain its association with the Company and accordingly is unable to continue in its capacity as the Company’s auditor. |
