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Best Mart 360 to Replace SHINEWING With BDO as Auditor After AGM

Story Highlights
  • Best Mart 360 will see SHINEWING retire as auditor at its next AGM, with no disputes reported and thanks expressed for its service.
  • The company plans to appoint BDO as new auditor to align with its controlling shareholder, aiming to boost audit efficiency and maintain quality for investors.
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Best Mart 360 to Replace SHINEWING With BDO as Auditor After AGM

Meet Samuel – Your Personal Investing Prophet

Best Mart 360 Holdings Ltd. ( (HK:2360) ) has issued an update.

Best Mart 360 Holdings Limited has announced the retirement of its current auditor SHINEWING (HK) CPA Limited at the conclusion of the upcoming annual general meeting, confirming there are no disputes or matters requiring shareholder attention and expressing appreciation for SHINEWING’s past service. The company plans to appoint BDO Limited as its new auditor, aligning audit arrangements with controlling shareholder China Merchants Hoi Tung Trading Company Limited and citing BDO’s listed-company experience, independence, resources and appropriate fee structure as reasons the change should enhance audit efficiency while maintaining quality for shareholders.

The board and audit committee evaluated BDO against regulatory guidance and concluded it is eligible and suitable to serve as auditor, with the appointment subject to shareholder approval at the AGM and completion of BDO’s client acceptance procedures. The move underscores a strategic effort to streamline group-level assurance work and is positioned as being in the best interests of the company and its investors by improving coordination, maintaining robust oversight and supporting the transparency of the group’s financial reporting.

More about Best Mart 360 Holdings Ltd.

Best Mart 360 Holdings Limited is a Hong Kong–listed retailer operating a chain of stores focused on packaged food, snacks and related consumer products. The group targets mass-market customers in Hong Kong and beyond, leveraging a multi-outlet format to capture stable, recurring demand in the fast-moving consumer goods segment.

Average Trading Volume: 594,212

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.69B

See more data about 2360 stock on TipRanks’ Stock Analysis page.

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