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Mega Genomics Limited Proposes Auditor Change Amid Disagreements

Story Highlights
  • Mega Genomics plans to change its auditor due to disagreements with Ernst & Young.
  • The company seeks shareholder approval to maintain audit quality and timely financial reporting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Mega Genomics Limited ( (HK:6667) ).

Mega Genomics Limited has announced a proposed change of auditor due to disagreements with Ernst & Young over audit time and costs for the 2024 financial statements. The company is seeking shareholder approval for this change at an extraordinary general meeting, as it aims to maintain audit quality and ensure timely access to its financial results. The company is currently in discussions with a potential new auditor and will provide updates in due course.

More about Mega Genomics Limited

Mega Genomics Limited is a company incorporated in the Cayman Islands, operating in the genomics industry. It is listed on the Hong Kong Stock Exchange and focuses on providing genomic services and products.

YTD Price Performance: -34.43%

Average Trading Volume: 106,059

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.61B

For a thorough assessment of 6667 stock, go to TipRanks’ Stock Analysis page.

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