Mun Siong Engineering (SGX:MF6) is looking to change its auditors from KPMG to CLA Global TS Public Accounting Corp., according to an after-market filing with the Singapore Exchange on Thursday.
The proposed change is due to a challenging business climate and the need for a fresh perspective.
The proposed change is subject to approval from the company's shareholders at an extraordinary general meeting.
Shares of the company were down nearly 4% at the close of trading on Thursday.