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Greatview Aseptic Packaging Company ( (HK:0468) ) just unveiled an announcement.
Greatview Aseptic Packaging has proposed removing Grant Thornton Hong Kong as its auditor and appointing Rongcheng (Hong Kong) CPA Limited, subject to shareholder approval at an extraordinary general meeting, in order to accelerate completion of its delayed 2024 and 2025 audits and support the planned resumption of trading in its shares. The board cited Grant Thornton’s insistence on awaiting the outcome of a second-stage investigation into the deconsolidated international business, looming regulatory deadlines for publishing outstanding results, and a desire for an auditor with stronger China-focused experience as reasons for the change, signalling an effort to resolve compliance risks and align its audit process with its post-restructuring, China-centric operations.
More about Greatview Aseptic Packaging Company
Greatview Aseptic Packaging Company Limited is a Hong Kong-listed producer of aseptic packaging, serving beverage and liquid food manufacturers. Following a restructuring completed in early 2024, the group’s core operations are now primarily based in China, and its financial reporting and audit needs are increasingly focused on its China-based business activities.
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.52B
Find detailed analytics on 0468 stock on TipRanks’ Stock Analysis page.