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Wecon Holdings Switches Auditor Amid Cost Review

Wecon Holdings Switches Auditor Amid Cost Review

Wecon Holdings Ltd. (HK:1793) has released an update.

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Wecon Holdings Limited has announced the resignation of Ernst & Young as its auditor due to a failure to agree on remuneration for the upcoming financial year, despite no other disagreements. The company is currently seeking a new auditor to maintain cost-effectiveness and enhance corporate governance. Wecon has expressed gratitude towards Ernst & Young for their services since 2019 and assures that the transition will not affect the annual audit.

For further insights into HK:1793 stock, check out TipRanks’ Stock Analysis page.

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