Infinity Logistics Appoints Nexia as New Auditor After Kreston’s Resignation

Infinity Logistics and Transport Ventures Limited ( (HK:1442) ) has issued an update.

Infinity Logistics and Transport Ventures Limited has appointed Nexia, a Malaysian member firm of Nexia International, as its new auditor with effect from 13 February 2026, filling the vacancy created by the resignation of Kreston Malaysia and serving until the next annual general meeting. The appointment, cleared by both the Hong Kong Stock Exchange and Hong Kong’s Accounting and Financial Reporting Council, follows an assessment by the Audit Committee of Nexia’s independence, experience, resources, and fee proposal, with the board concluding that the move will maintain audit quality and serve the best interests of the company and its shareholders.

Nexia is governed by the Malaysian Institute of Accountants, registered with Malaysia’s Audit Oversight Board, and conducts audits under Malaysian and international auditing standards, underscoring its regulatory alignment and professional credentials. The approval for Nexia to audit the group’s consolidated financial statements for the year ended 31 December 2025 reinforces continuity in financial reporting oversight and signals the company’s commitment to strong governance as it navigates the transition between audit firms.

The most recent analyst rating on (HK:1442) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Infinity Logistics and Transport Ventures Limited stock, see the HK:1442 Stock Forecast page.

More about Infinity Logistics and Transport Ventures Limited

Infinity Logistics and Transport Ventures Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the logistics and transport sector. Through its subsidiaries, the group focuses on providing logistics and transportation services, positioning itself within regional and international supply chain markets.

Average Trading Volume: 40,769

Technical Sentiment Signal: Sell

Current Market Cap: HK$639.8M

Learn more about 1442 stock on TipRanks’ Stock Analysis page.