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GC Construction Holdings Changes Auditors Amid Fee Disagreement

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GC Construction Holdings Changes Auditors Amid Fee Disagreement

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The latest update is out from GC Construction Holdings Limited ( (HK:1489) ).

GC Construction Holdings Limited announced a change of auditors due to a disagreement with PricewaterhouseCoopers (PwC) over the audit fee for the financial year ending March 2025. PwC resigned at the company’s request, as PwC’s proposed fee was deemed uncompetitive. The company has appointed OOP CPA & Co. as its new auditors, citing factors such as industry knowledge, technical competence, and cost control as reasons for the change. The transition is expected to have no significant impact on GC Construction’s upcoming financial audit and annual results release.

More about GC Construction Holdings Limited

GC Construction Holdings Limited operates in the construction industry, focusing on delivering a range of construction-related services. The company is incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, with a market focus on providing comprehensive and quality construction services.

YTD Price Performance: 11.11%

Average Trading Volume: 1,221,864

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$550M

Learn more about 1489 stock on TipRanks’ Stock Analysis page.

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