Tycoon Group (3390) Announces Change of Auditor

Bulletin Express

Nov 21, 2025

Tycoon Group Holdings Limited (Stock Code: 3390) announced that its former auditor, PricewaterhouseCoopers (PwC), resigned effective 21 November 2025 after the two parties could not agree on the audit fee for the year ending 31 December 2025. According to the board of directors, PwC has not commenced any audit work for this period, and there are no disagreements or circumstances requiring additional attention from shareholders or creditors.

Tycoon Group’s board, with the recommendation of its audit committee, appointed Crowe (HK) CPA Limited (Crowe) as the new auditor effective 21 November 2025. Crowe is set to serve until the conclusion of the company’s next annual general meeting. The board determined that Crowe possesses the requisite experience, technical competence, independence, and resources to perform its audit duties without any significant impact on the group’s schedule for annual results.

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