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Geotech Holdings Ltd. ( (HK:1707) ) just unveiled an announcement.
Geotech Holdings Ltd. announced the resignation of Grant Thornton Hong Kong Limited as its auditor, effective November 21, 2025. This decision follows the U.S. Department of the Treasury’s sanctions against Mr. Chen Zhi, a former executive director and controlling shareholder, due to alleged involvement in criminal activities. The resignation is attributed to a conflict with Grant Thornton’s ethical responsibilities. The company plans to find a new auditor promptly and will make further announcements regarding the appointment.
More about Geotech Holdings Ltd.
Geotech Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the construction and engineering industry. It is listed on the Hong Kong Stock Exchange and focuses on providing specialized construction services.
Average Trading Volume: 1,581,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$62.16M
For detailed information about 1707 stock, go to TipRanks’ Stock Analysis page.