APAC Resources Switches Auditor to Deloitte to Align with Controlling Shareholder

APAC Resources ( (HK:1104) ) just unveiled an announcement.

APAC Resources Limited has replaced BDO Limited with Deloitte Touche Tohmatsu as its external auditor, effective 27 April 2026, after BDO completed the interim review for the six months ended 31 December 2025 and subsequently resigned. The board, acting on the audit committee’s recommendation, said the move is intended to align its audit arrangements with those of its controlling shareholder and to improve the efficiency of annual audit and interim review services.

In selecting Deloitte, the audit committee cited the firm’s audit plan, market reputation, resources, industry experience and technical competence, proposed fees, and its confirmed independence from the group. Both BDO and the board emphasized there were no disagreements or outstanding matters related to the resignation, and the company expects the change of auditor will not materially affect the preparation of its consolidated financial statements for the year ending 30 June 2026.

The appointment of Deloitte is expected to bring consistency in audit oversight across the corporate group, which the board believes is in the best interests of APAC Resources and its shareholders as a whole. By engaging a large international audit firm already used by its controlling shareholder, APAC Resources aims to strengthen audit quality, streamline communication, and support its regulatory compliance as a Hong Kong-listed company.

More about APAC Resources

APAC Resources Limited is a Hong Kong-listed investment holding company operating through a group structure, with activities focused on managing financial interests and assets on behalf of its shareholders. The company is controlled by a larger shareholder, whose corporate governance and audit arrangements influence APAC Resources’ choice of external auditors and alignment of reporting practices.

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