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CITIC Telecom Proposes Auditor Change to KPMG

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CITIC Telecom International Holdings ( (HK:1883) ) has shared an announcement.

CITIC Telecom International Holdings Limited has announced a proposed change of auditor, with PwC set to retire at the conclusion of the upcoming annual general meeting. The company plans to appoint KPMG as its new auditor, a decision supported by the Audit Committee to enhance audit independence and align with corporate governance practices. This change is expected to maintain the company’s high-quality audit standards and is subject to shareholder approval at the AGM.

More about CITIC Telecom International Holdings

CITIC Telecom International Holdings Limited is a telecommunications company based in Hong Kong. It provides a range of telecommunications services, focusing primarily on international telecommunications services, including voice, mobile, and data services.

YTD Price Performance: 9.66%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.18B

Find detailed analytics on 1883 stock on TipRanks’ Stock Analysis page.

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