Major Holdings Ltd. (HK:1389) has released an update.
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Major Holdings Ltd. has announced a change in its auditing firm, replacing Zhonghui Anda CPA Limited with Beijing Xinghua Caplegend CPA Limited due to a disagreement over audit fees. The company assures that the switch will not affect the upcoming fiscal year’s audit and believes the new auditor will improve cost control while maintaining high audit quality. This strategic move aims to benefit the company and its shareholders by leveraging Beijing Xinghua’s extensive experience with listed companies in Hong Kong.
For further insights into HK:1389 stock, check out TipRanks’ Stock Analysis page.