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China Tianbao Group Announces Auditor Change to Enhance Governance

Story Highlights
  • China Tianbao Group’s auditor Ernst & Young will retire after the AGM due to remuneration disagreements.
  • CCTH CPA Limited is proposed as the new auditor to improve cost-effectiveness and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Tianbao Group Announces Auditor Change to Enhance Governance

Confident Investing Starts Here:

An announcement from China Tianbao Group Development Company Limited ( (HK:1427) ) is now available.

China Tianbao Group Development Company Limited has announced a change in its auditor, with Ernst & Young retiring after the upcoming annual general meeting due to a disagreement over remuneration for the next financial year. The company plans to appoint CCTH CPA Limited as the new auditor, citing cost-effectiveness and enhanced corporate governance as reasons for the change, which is expected to benefit the company and its shareholders.

More about China Tianbao Group Development Company Limited

Average Trading Volume: 72,450

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$170.3M

Find detailed analytics on 1427 stock on TipRanks’ Stock Analysis page.

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