Transcenta Holding LimitedHKEX: 6628

Proposed change of auditor

· Issued by Transcenta Holding Limited via HKEXnews

Filed with HKEX · Stock code 6628 · · 9 pages · English

Summary by 6ix AI

Transcenta Holding Limited has announced a proposed change of auditor due to a disagreement with Ernst & Young over audit fees for the upcoming financial year. The company intends to remove EY and appoint HLB Hodgson Impey Cheng Limited as the new auditor, pending shareholder approval at an extraordinary general meeting. This decision follows a significant reduction in the company's operations and is aimed at better aligning audit costs with its current scale. The board believes this change will facilitate cost control and is in the best interests of the company and its shareholders.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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