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CMBC Capital Holdings Proposes Auditor Change to KPMG

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CMBC Capital Holdings Proposes Auditor Change to KPMG

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CMBC Capital Holdings Limited ( (HK:1141) ) has shared an announcement.

CMBC Capital Holdings Limited announced a proposed change of auditor, with PricewaterhouseCoopers set to retire at the upcoming annual general meeting in June 2025. The company plans to appoint KPMG as the new auditor, aligning with its controlling shareholder, China Minsheng Banking Corp., Ltd., to enhance audit efficiency. The decision, recommended by the audit committee, is based on KPMG’s industry reputation, independence, and technical competence, and is deemed beneficial for the company and its shareholders.

More about CMBC Capital Holdings Limited

CMBC Capital Holdings Limited is a company incorporated in Bermuda, primarily involved in financial services. It operates as part of a group with its subsidiaries and is controlled by China Minsheng Banking Corp., Ltd., focusing on enhancing audit efficiency and aligning its operations with its controlling shareholder.

Average Trading Volume: 922,896

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$324.3M

For detailed information about 1141 stock, go to TipRanks’ Stock Analysis page.

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