Mediwelcome Healthcare Changes Auditor Over Audit Fee Dispute

Reuters
Jan 16
Mediwelcome Healthcare Changes Auditor Over Audit Fee Dispute

Mediwelcome Healthcare Management & Technology Inc. recently announced a change of auditor, citing concerns over audit fees proposed by its former auditor, Moore. The company's audit committee determined that the fee proposal was not aligned with the Group's expected audit budget, particularly as the company continues to actively reduce operating expenses amid a challenging business environment. The decision to appoint a new auditor was made following thorough communication and consideration of cost control measures. No other accounting issues were disclosed.

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