CR BLDG MAT TEC (01313) Proposes Appointment of Grant Thornton as Independent Auditor

Stock News
May 06

CR BLDG MAT TEC (01313) announced that KPMG, which has served as the company's independent auditor since May 2023, will retire following the conclusion of the upcoming Annual General Meeting scheduled for May 29, 2026. To promote good corporate governance and maintain the independence and objectivity of the company's independent auditor, the Board of Directors and the Audit Committee have reviewed the necessity of changing the independent auditor. After careful consideration, the Board has recommended that KPMG not be reappointed as the company's independent auditor at the Annual General Meeting. In light of KPMG's planned retirement, the company has conducted a selection process for audit services. Based on the outcome of this process and upon the recommendation of the Audit Committee, the Board has resolved to propose the appointment of Grant Thornton (Hong Kong) as the company's independent auditor following KPMG's retirement, subject to approval by shareholders at the Annual General Meeting.

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