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China Modern Dairy Proposes Auditor Change to KPMG

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China Modern Dairy Proposes Auditor Change to KPMG

Confident Investing Starts Here:

The latest update is out from China Modern Dairy Holdings Ltd. ( (HK:1117) ).

China Modern Dairy Holdings Ltd. has announced a proposed change of auditors, with Deloitte Touche Tohmatsu set to retire after more than a decade of service. The company plans to appoint KPMG as the new auditors, pending shareholder approval at the upcoming annual general meeting. This change is part of the company’s commitment to good corporate governance practices, and there are no disagreements or outstanding matters between the company and Deloitte.

The most recent analyst rating on (HK:1117) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.

More about China Modern Dairy Holdings Ltd.

China Modern Dairy Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the dairy industry. The company focuses on producing and supplying high-quality dairy products.

Average Trading Volume: 23,800,183

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.97B

Learn more about 1117 stock on TipRanks’ Stock Analysis page.

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