| Deloitte | 30-Jun-17 | 29-Nov-24 | | The proposed audit fee from Deloitte is less competitive compared to those from other professional accounting firms. Deloitte considered that the effect of this would be that they will not be able to complete, as they had fully intended to do, the 2024 Audit and to fulfill, pursuant to their appointment at the Company’s last annual general meeting on 7 May 2024, their public interest obligation to report to the shareholders of the Company and Deloitte have concluded that the decision of the Board to appoint CL Partners CPA Limited to replace them as auditor of the Company has made their professional relationship untenable. Accordingly, Deloitte have decided to tender their resignation as auditor of the Company. In addition, Deloitte has been the auditor of the Company since its listing on GEM in 2017. The Board has also considered that for the purpose of maintaining independence and objectivity of its auditor and upholding good corporate governance and risk management, it is an appropriate time to replace Deloitte, who has been holding office since the date of listing of the Company. |
