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Sun Art Retail Group Proposes Auditor Change to KPMG

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Sun Art Retail Group Proposes Auditor Change to KPMG

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Sun Art Retail Group ( (HK:6808) ) has provided an update.

Sun Art Retail Group Limited has announced a proposed change of auditors, deciding not to re-appoint PricewaterhouseCoopers (PwC) and instead recommending KPMG as the new auditors. This decision, made to maintain good corporate governance through auditor rotation, will be subject to shareholder approval at the upcoming annual general meeting. The board and audit committee have confirmed there are no disagreements with PwC and have expressed gratitude for their past services.

The most recent analyst rating on (HK:6808) stock is a Hold with a HK$2.15 price target. To see the full list of analyst forecasts on Sun Art Retail Group stock, see the HK:6808 Stock Forecast page.

More about Sun Art Retail Group

Sun Art Retail Group Limited is a company incorporated in Hong Kong, operating within the retail industry. It focuses on providing retail services, with a market presence in Hong Kong.

Average Trading Volume: 14,444,956

Technical Sentiment Signal: Buy

Current Market Cap: HK$20.99B

For an in-depth examination of 6808 stock, go to TipRanks’ Stock Analysis page.

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