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China COSCO Holdings Co Ltd Proposes Change Of Auditor

Thursday, 29 Aug 2013 08:51am EDT 

China COSCO Holdings Co Ltd announced that it has recently received a merger notice from its auditor in the PRC, RSM China Certified Public Accountants, LLP (RSM) that RSM has merged with Crowe Horwath Certified Public Accountants, LLP in 2013 to form a combined firm to take over the business of its predecessor firms and will operate as Ruihua Certified Public Accountants, LLP (Ruihua). The Board considers it beneficial to the Company and its shareholders as a whole to continue using the services of the combined firm, Ruihua. Accordingly, the Board, as proposed by the audit committee of the Company, resolved to propose the appointment of Ruihua as the new auditor of the Company in the PRC to fill the vacancy arising from such merger and to hold office until the conclusion of the next annual general meeting of the Company, subject to the approval of the Shareholders at the upcoming extraordinary general meeting. 

Company Quote

0.01 +0.26%
10:59pm EST