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Build King Plans Auditor Rotation, Proposes Crowe to Replace Deloitte

Story Highlights
  • Build King will rotate its auditor, with Deloitte retiring after over 20 years’ service at the May 2026 AGM.
  • The board proposes appointing Crowe (HK) CPA as new auditor, citing its expertise, independence and capacity, with no disagreements reported with Deloitte.
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Build King Plans Auditor Rotation, Proposes Crowe to Replace Deloitte

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Build King Holdings ( (HK:0240) ) has issued an announcement.

Build King Holdings has initiated a planned rotation of its external auditor, with long-serving Deloitte Touche Tohmatsu set to retire at the conclusion of the company’s annual general meeting on 22 May 2026. Deloitte has been auditor for over 20 years, and both the board and audit committee believe that changing auditor after such an extended tenure is in the best interests of shareholders and corporate governance.

Subject to shareholder approval and completion of client acceptance procedures, the board has proposed appointing Crowe (HK) CPA Limited as the new auditor, following an evaluation of its fees, industry knowledge, independence, technical expertise and capacity to meet reporting deadlines. The company and Deloitte both confirm there are no disagreements or issues requiring shareholder attention, and a circular detailing the proposed appointment and AGM arrangements will be sent to investors in due course.

More about Build King Holdings

Build King Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 00240. The group operates in the construction and related services sector, serving infrastructure and building markets in Hong Kong and the wider region, with a board comprising executive, non-executive and independent non-executive directors overseeing its governance.

Average Trading Volume: 565,203

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.21B

For detailed information about 0240 stock, go to TipRanks’ Stock Analysis page.

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