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Wai Hung Group Clarifies Auditor Change After Fee Dispute With Global Link

Story Highlights
  • Wai Hung Group failed to agree 2025 audit fees with Global Link, leading to auditor change.
  • Without a formal resignation letter, the company deemed Global Link retired as auditor after the AGM.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wai Hung Group Clarifies Auditor Change After Fee Dispute With Global Link

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An update from Wai Hung Group Holdings Ltd. ( (HK:3321) ) is now available.

Wai Hung Group Holdings Limited has clarified the circumstances surrounding the change of its auditors after shareholders did not approve the re-appointment of Global Link at the annual general meeting held on 6 February 2026. The company explained that it had sought a quotation for the 2025 audit fee from Global Link, but the two parties failed to reach an agreement on the fee.

According to the board, Global Link had indicated an intention to resign as auditor, but the company had not received a formal resignation letter before the AGM convened. In light of this, Wai Hung Group considered Global Link to have retired as auditor at the conclusion of the AGM, formalising the end of the audit relationship and prompting the need for a new auditor arrangement going forward.

More about Wai Hung Group Holdings Ltd.

Wai Hung Group Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board of the Stock Exchange of Hong Kong under stock code 3321. The board comprises executive, non-executive and independent non-executive directors, reflecting a typical governance structure for a publicly listed enterprise in the region.

Average Trading Volume: 4,557,548

Technical Sentiment Signal: Sell

Current Market Cap: HK$35.12M

For a thorough assessment of 3321 stock, go to TipRanks’ Stock Analysis page.

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