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SILVER GRANT INTERNATIONAL HOLDINGS GROUP LIMITED
銀 建 國 際 控 股 集 團 有 限 公 司
(Incorporated in Hong Kong with limited liability)
(Stock Code: 171)
CHANGE OF AUDITOR
This announcement is made by Silver Grant International Holdings Group Limited ("Company") pursuant to Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The board ("Board") of directors ("Directors", and each a "Director") of the Company announces that Deloitte Touche Tohmatsu ("Deloitte") has resigned as the auditor of the Company with effect from 6 February 2020. The Board also announces that, with the recommendation of the audit committee of the Board, Ernst & Young has been appointed as the new auditor of the Company with effect from 6 February 2020 to fill the causal vacancy following the resignation of Deloitte and to hold office until the conclusion of the next annual general meeting of the Company.
Deloitte stated in its letter of resignation that its normal procedures include an annual consideration of whether it would continue to act for its audit clients. Having taken into account many factors including the level of audit fees and its available internal resources in light of its current work flows, Deloitte decided to tender its resignation as the auditor of the Company.
Deloitte, in its letter of resignation, also confirmed that there are no matters in connection with its resignation that need to be brought to the attention of the holders of the securities or the creditors of the Company. The Board has confirmed that there is no disagreement or unresolved matter between the Company and Deloitte, and that it is not aware of any matters in relation to the resignation of Deloitte as the auditor of the Company that need to be brought to the attention of the holders of the securities of the Company.
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The Board would like to express its sincere gratitude to Deloitte for its professional services and support rendered to the Company in the past years.
By Order of the Board
Silver Grant International Holdings Group Limited
Chu Hing Tsung
Chairman
Hong Kong, 6 February 2020
As at the date of this announcement, the Board comprises Mr. Huang Jiajue (Chief Executive Officer), Mr. Luo Zhihai and Mr. Ma Yilin as executive Directors; Mr. Chu Hing Tsung (Chairman) and Mr. Chen Zhiwei as non-executive Directors; and Mr. Liang Qing, Mr. Zhang Lu and Mr. Hung Muk Ming as independent non-executive Directors.
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