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China Mobile Ltd Announces Proposed Change Of Auditor

Thursday, 14 Mar 2013 12:15am EDT 

China Mobile Ltd announced that in view of the SASAC Auditor Requirements, the Company has reached a mutual understanding with KPMG on the non-renewal of the appointment of KPMG, the transitional arrangements and other related matters, and agreed that after KPMG has completed the audit work in respect of the Company for the financial year ended December 31, 2012 (the FY 2012), the Company will not re-appoint KPMG as its auditor for the financial year ending December 31, 2013 (FY 2013). As recommended by the Audit Committee of the Company, the board of directors of the Company (the Board) has resolved to put forward an ordinary resolution at the 2013 annual general meeting of the Company (2013 AGM) to appoint PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian CPAs Limited Company (to be renamed as PricewaterhouseCoopers Zhong Tian LLP) as the auditors of the Company for FY 2013 for Hong Kong financial reporting and U.S. financial reporting purposes, respectively. 

Company Quote

-0.42 -0.77%
25 Jul 2014