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Region Group Appoints KPMG as New Auditor

Story Highlights
  • Region Group operates in real estate investment, managing schemes like Region Retail Trust.
  • Region Group replaces Deloitte with KPMG as auditor after a review and tender process.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Region Group Appoints KPMG as New Auditor

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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) has issued an update.

Region Group has announced a change in its auditing firm, replacing Deloitte Touche Tohmatsu with KPMG Australia as the scheme and compliance plan auditor for its managed investment schemes. The decision, approved by security holders and the Australian Securities & Investments Commission, follows a review and tender process, marking the end of Deloitte’s auditing role since 2012.

The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.

More about Shopping Centres Australasia Property Group RE

Region Group operates in the real estate investment sector, focusing on managing investment schemes such as the Region Retail Trust and Region Management Trust.

Average Trading Volume: 2,520,577

Technical Sentiment Signal: Buy

Current Market Cap: A$2.85B

See more insights into RGN stock on TipRanks’ Stock Analysis page.

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