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Carrianna Group Proposes New Auditor Appointment

Story Highlights
  • Carrianna Group plans to replace Ernst & Young with ZHONGHUI ANDA CPA Limited as its auditor.
  • The change aims to enhance corporate governance and ensure audit independence.
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Carrianna Group Proposes New Auditor Appointment

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Carrianna Group Holdings Company Limited ( (HK:0126) ) just unveiled an announcement.

Carrianna Group Holdings Company Limited has announced the retirement of its long-serving auditor, Ernst & Young, who has been with the company since 1991. The company is proposing the appointment of ZHONGHUI ANDA CPA Limited as the new auditor, citing the need for auditor rotation to maintain good corporate governance and ensure audit independence and objectivity. The board and audit committee have recommended this change, considering Zhonghui’s qualifications and capabilities. Ernst & Young has confirmed no significant issues related to their retirement, and the board has expressed gratitude for their service.

More about Carrianna Group Holdings Company Limited

Average Trading Volume: 252,541

Technical Sentiment Signal: Sell

Current Market Cap: HK$185.4M

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