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Asia Cassava Calls EGM to Replace Ernst & Young as Auditor

Story Highlights
  • Asia Cassava has convened a June 2026 EGM to remove Ernst & Young as its auditor and set shareholder eligibility deadlines.
  • Subject to that removal, the company plans to appoint CCTH CPA Limited as new auditor, signaling a major shift in its financial oversight.
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Asia Cassava Calls EGM to Replace Ernst & Young as Auditor

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Asia Cassava Resources Holdings Limited ( (HK:0841) ).

Asia Cassava Resources Holdings Limited has called an extraordinary general meeting for 1 June 2026 in Hong Kong, where shareholders will vote on a proposal to remove Ernst & Young as the company’s auditor with immediate effect following the meeting. Shareholders of record as of 1 June 2026 may attend, vote in person or by proxy, and must ensure any share transfers are registered by 28 May 2026 to participate.

Conditional on the removal of Ernst & Young, the company is asking shareholders to approve the appointment of CCTH CPA Limited as the new auditor until the next annual general meeting, with the board authorised to fix its remuneration and handle all related documentation. The proposed change in auditors underscores a significant governance and oversight shift for the company, with potential implications for how its financial reporting and assurance processes are managed going forward.

More about Asia Cassava Resources Holdings Limited

Asia Cassava Resources Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and engaged in the cassava-related resources business, serving regional demand from its base in Kowloon. The group operates under a board led by chairman Chu Ming Chuan, with both executive and independent non-executive directors overseeing its governance and corporate affairs.

Average Trading Volume: 239,000

Technical Sentiment Signal: Hold

Current Market Cap: HK$107.6M

See more insights into 0841 stock on TipRanks’ Stock Analysis page.

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