Sun Kong Holdings announced that McMillan Woods (Hong Kong) CPA Limited resigned as the Group’s external auditor with effect from 18 May 2026.

The audit firm cited “circumstances subsequently arose which indicated that independence in appearance might be impaired” in relation to the audit of Sun Kong Holdings’ consolidated financial statements for the fiscal year ended 31 March 2026. Prior to its appointment on 20 March 2026, McMillan Woods had completed internal client-acceptance procedures and assessed independence threats as acceptable with safeguards in place.

Following receipt of the resignation letter, the Company’s Audit Committee requested detailed clarification of the independence concern. As at the date of the announcement, McMillan Woods has not provided additional information. The Board and Audit Committee believe the issue stems from the auditor’s reassessment of the brief appointment of a former McMillan Woods engagement partner as Sun Kong Holdings’ company secretary during the financial year under audit. The Company states this appointment had been fully disclosed and initially cleared by both parties during pre-engagement assessment.

Sun Kong Holdings confirmed there is no other disagreement with McMillan Woods and no additional matters requiring shareholder attention. The Board is arranging the appointment of a new auditor to fill the casual vacancy until the next annual general meeting and will issue a further announcement upon confirmation.

As at 18 May 2026, the Board comprises two executive directors—Chairman Law Ming Yik and Chief Executive Officer Leung Cheuk Wai—and three independent non-executive directors: Wong Ka Chun Matthew, Chan Ting Fung and Mak Suet Man.