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The latest update is out from Tern Properties Co. Ltd. ( (HK:0277) ).
Tern Properties Company Limited, a Hong Kong-based company, has announced a proposed change of auditor. HLM CPA Limited will retire as the company’s auditor following the upcoming annual general meeting on August 20, 2025, due to its strategic realignment. The board has decided to appoint HLB Hodgson Impey Cheng Limited as the new auditor, citing factors such as cost-efficiency, market insights, and the need for a global network to support the company’s development strategy. The board and the audit committee have assessed HLB’s track record, independence, audit fee, reputation, resources, and capability, concluding that HLB is suitable for the role. There are no disagreements or issues between HLM and Tern Properties regarding this change.
More about Tern Properties Co. Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: HK$499M
Learn more about 0277 stock on TipRanks’ Stock Analysis page.