Times China Holdings Faces Auditor Dispute, Ernst & Young to Retire Over Fee Disagreement

Reuters
15 May
Times China Holdings Faces Auditor Dispute, Ernst & Young to Retire Over Fee Disagreement

Times China Holdings Limited has announced a change in its auditing arrangements due to an inability to reach a consensus on the audit fee with its current auditor, Ernst & Young (EY). As a result, EY will retire as the company's auditor upon the expiration of its current term at the conclusion of the upcoming annual general meeting $(AGM)$. The AGM, originally scheduled for an earlier date, has been rescheduled to 9 June 2025. The company will be closing its register of members from 4 June to 9 June 2025 to determine shareholder eligibility for the AGM. All other information in prior announcements remains unchanged, and further details will be provided in a forthcoming circular.

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