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Sprintex Limited Announces Auditor Change to Enhance Financial Oversight

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Sprintex Limited Announces Auditor Change to Enhance Financial Oversight

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Sprintex Limited ( (AU:SIX) ) has provided an update.

Sprintex Limited has announced a change in its auditing firm, with PKF Perth replacing PKF Brisbane Audit as the company’s auditor. This decision follows the rotation of the audit partner and a tendering process for audit services. The appointment of PKF Perth is subject to shareholder approval at the upcoming annual general meeting. This change is part of Sprintex’s ongoing efforts to maintain robust financial oversight and transparency, potentially impacting stakeholder confidence and the company’s operational integrity.

More about Sprintex Limited

Sprintex Limited, established in Australia in 2003, specializes in engineering, research, product development, and manufacturing of ultra high-speed electric motors and clean air compressors. The company is focused on energy-efficient solutions for industrial and automotive applications, particularly in clean air technologies. Its products include G Series blowers for industrial use and fuel cell compressors for clean energy applications, as well as high-speed electric motor-driven compressors for hybrid and petrol vehicles.

Average Trading Volume: 396,267

Technical Sentiment Signal: Sell

Current Market Cap: A$31.46M

Learn more about SIX stock on TipRanks’ Stock Analysis page.

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