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An update from COSCO SHIPPING Ports ( (HK:1199) ) is now available.
COSCO SHIPPING Ports Limited has announced a proposed change of auditor, with PricewaterhouseCoopers set to retire following the upcoming annual general meeting. The company plans to appoint BDO Limited as the new auditor, citing factors such as audit fees, industry knowledge, and technical competence as reasons for the change. This move is aimed at maintaining good corporate governance and ensuring the independence of the company’s auditing process, which is considered beneficial for the company and its shareholders.
More about COSCO SHIPPING Ports
COSCO SHIPPING Ports Limited is a company incorporated in Bermuda, primarily engaged in the operation and management of ports and terminals. The company focuses on providing efficient and reliable port services, positioning itself as a key player in the global shipping and logistics industry.
YTD Price Performance: -6.84%
Average Trading Volume: 500
Technical Sentiment Signal: Buy
Current Market Cap: $2B
For an in-depth examination of 1199 stock, go to TipRanks’ Stock Analysis page.