Overseas Chinese Town (Asia) Holdings Ltd. has announced the retirement of its long-serving auditor, KPMG, who has been with the company since 2017. The decision comes as part of the company's efforts to maintain good corporate governance and ensure the independence of its audit work. The Board of Directors and the Audit Committee have proposed the appointment of BDO as the new auditor, citing its independence, competence, and ability to deliver high-quality audit services. The change is expected to be finalized at the upcoming Annual General Meeting in June 2025. There is no disagreement between OCT and KPMG, and no issues need to be brought to the attention of the shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OCT - Overseas Chinese Town (Asia) Holdings Ltd. published the original content used to generate this news brief on June 03, 2025, and is solely responsible for the information contained therein.