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An announcement from Courage Investment Group Limited ( (HK:1145) ) is now available.
Courage Investment Group Limited has issued a supplemental announcement detailing the sequence of events surrounding its change of auditor for the 2025 financial year, following fee discussions with outgoing auditor Deloitte Touche Tohmatsu and the subsequent appointment of Ernst & Young. After Deloitte raised its proposed fee for the 2025 audit to HK$1.69 million, citing the need to hire third-party support in Mongolia where it lacks a local presence, the company’s audit committee compared proposals and selected EY, which quoted HK$1.3 million and has its own Mongolian establishment, suggesting a more cost-efficient and operationally aligned audit arrangement for the group’s expanding activities there.
The most recent analyst rating on (HK:1145) stock is a Hold with a HK$0.17 price target. To see the full list of analyst forecasts on Courage Investment Group Limited stock, see the HK:1145 Stock Forecast page.
More about Courage Investment Group Limited
Courage Investment Group Limited is a Bermuda-incorporated company listed in Hong Kong and Singapore. The group is engaged in investment activities and recently expanded into the Mongolian mining sector, including the acquisition of mining trucks, which has implications for the complexity and geographic scope of its audited operations.
Average Trading Volume: 233,877
Technical Sentiment Signal: Hold
Current Market Cap: HK$175.6M
See more data about 1145 stock on TipRanks’ Stock Analysis page.