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Taizhou Water Group Faces Delay in Auditor Appointment

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Taizhou Water Group Faces Delay in Auditor Appointment

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Taizhou Water Group Co., Ltd. Class H ( (HK:1542) ) has shared an announcement.

Taizhou Water Group Co., Ltd. announced a delay in the appointment of its international auditors due to unforeseen circumstances during the bidding process. The disqualification of one of the bidding firms led to an insufficient number of qualified bidders, necessitating a relaunch of the tender process. This delay means that the appointment of auditors cannot be finalized in time for the upcoming annual general meeting, impacting the company’s compliance with regulatory requirements.

More about Taizhou Water Group Co., Ltd. Class H

Taizhou Water Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the water industry. The company is listed on the Hong Kong Stock Exchange and is required to comply with both Hong Kong’s Listing Rules and the PRC laws.

Average Trading Volume: 8,375

Technical Sentiment Signal: Sell

Current Market Cap: HK$72.5M

Find detailed analytics on 1542 stock on TipRanks’ Stock Analysis page.

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