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VS International Group Ltd Announces Resignation Of Auditors

Wednesday, 27 Feb 2013 05:00am EST 

VS International Group Ltd announced that KPMG has resigned as auditors of the Company and its subsidiaries with effect from February 4, 2013. KPMG had not been able to reach an agreement in respect of the audit fee for the Group’s financial year ending July 31, 2013 with the Company. The Board confirmed that there is no other matter in respect of the resignation of auditors that needs to be brought to the attention of the shareholders of the Company. The Board and the audit committee of the Company also confirmed that there is nothing unusual or unresolved regarding the resignation of KPMG. The Company is arranging for the engagement with a certified public accountants firm in Hong Kong as the Group’s auditors to fill the casual vacancy following the resignation of KPMG. 

Company Quote

0.02 +3.64%
9:25pm EST