Tritech Group Eyes Cost Savings with Auditor Change

Tritech Group Limited (SG:5G9) has released an update.

Tritech Group Limited announces plans to switch its audit firm from Ernst & Young LLP to Moore Stephens LLP, aiming to cut audit fees by about 27.3% for fiscal year 2024 and gain fresh professional insights. The proposed change, motivated by the company’s efforts to optimize business costs, is pending shareholder approval at an upcoming extraordinary general meeting. The decision follows a thorough evaluation process involving recommendations from the Audit Committee and compliance with regulatory requirements.

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