Shanghai Turbo Proposes Auditor Change to Crowe Horwath First Trust

MT Newswires

2024/11/13

Shanghai Turbo Enterprises (SGX:AWM) plans to switch its auditor to Crowe Horwath First Trust from RT LLP as part of a corporate restructuring, according to a Tuesday filing on the Singapore Exchange.

RT LLP has served as company auditor since March 2021, but the company seeks fresh perspectives and potential cost efficiencies.

The change, which requires shareholder approval at an upcoming extraordinary general meeting, is not expected to affect audit quality or lead to cost savings.

Price (SGD): S$0.01, Change: S$+0.00100, Percent Change: +10.00%

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