Major Holdings Appoints RCHK Auditor Despite Regulatory Reprimand

Reuters

01/19

Major Holdings Appoints RCHK Auditor Despite Regulatory Reprimand

Major Holdings Ltd. announced a change of auditor despite a recent disciplinary action involving its newly appointed audit firm, RCHK. On 6 January 2026, the Accounting and Financial Reporting Council publicly reprimanded and fined RCHK and two of its CPAs over HK$1.18 million for contravening registration and notification requirements. The company stated that these were administrative compliance matters unrelated to RCHK's audit quality or competence. Major Holdings Ltd. emphasized that the appointment aims to enhance cost control and support future business development.

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. Major Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260119-11994649), on January 19, 2026, and is solely responsible for the information contained therein.

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