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IVD Medical Holding Limited Announces Auditor Resignation Amid Audit Challenges

Story Highlights
  • IVD Medical Holding Limited’s auditor, Moore HK, resigned due to information provision issues.
  • The company will appoint a new auditor to avoid delays in FY2024 financial statement publication.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from IVD Medical Holding Limited ( (HK:1931) ) is now available.

IVD Medical Holding Limited announced the resignation of its auditor, Moore HK, due to differences in expectations regarding the provision of certain information required for the FY2024 audit. The company decided to engage a new auditor with more capacity to avoid delays in publishing its financial statements, as Moore HK could not allocate the necessary resources without incurring significant additional costs.

More about IVD Medical Holding Limited

IVD Medical Holding Limited is a company incorporated in the Cayman Islands, operating within the medical industry. It is listed on the Hong Kong Stock Exchange and focuses on providing medical products and services.

YTD Price Performance: -6.67%

Average Trading Volume: 61,130

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$2.73B

For detailed information about 1931 stock, go to TipRanks’ Stock Analysis page.

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