Elate Holdings Limited has announced a change in its auditor for the financial year ending December 31, 2025. BDO Limited has resigned from its position as auditor due to an inability to reach an agreement on the audit fee with the company. The resignation took effect on August 1, 2025. BDO has confirmed that there are no other matters related to its resignation that need to be communicated to the shareholders. In response, Elate Holdings has appointed McMillan Woods as the new auditor, a decision supported by the company's Audit Committee and Board, who believe the change will not significantly impact the annual audit process. The Board also expressed gratitude to BDO for its previous services.
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