GMT Data

GEOTECH HLDGS (01707)

AuditorFromToRelease Date / Document LinksReason for Change
Grant Thornton (Hk)28-Sep-1721-Nov-25The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Mr. Chen Zhi, a former executive director and the controlling shareholder, under the sanctions administered by 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, and this allegation gives rise to a conflict with Grant Thornton’s ethical responsibilities and client continuance policies, such that Grant Thornton 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.