Elate Holdings Limited Announces Change of Auditor Due to Audit Fee Dispute

Reuters

Aug 04

Elate Holdings Limited Announces Change of Auditor Due to Audit Fee Dispute

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.

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. Elate Holdings Limited published the original content used to generate this news brief on August 04, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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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.\n      \n\nDisclaimer: 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. 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