Hopson plunges 27%
Property developer Hopson Development Holdings said PricewaterhouseCoopers has agreed to resign as the company’s auditor, effective January 27, after they could not reach a consensus on the audit fee for the financial year ended Dec. 31.
PwC told Hopson it did not receive information on certain matters and therefore could not plan and complete the necessary audit procedures.
Matters include accounting treatment of certain of the Group’s equity investments and property projects and the valuation of the Group’s investment properties, as well as the overall impact of these material matters on the Group’s financial statements and relevant disclosures.
The group’s stock price plunges 27%.
$合生创展集团 (00754.HK)$
合生创展港股跌超30%，此前普华永道辞任审计师。PwC told Hopson it did not receive information on certain matters and therefore could not plan and complete the necessary audit procedures.
Matters include accounting treatment of certain of the Group’s equity investments and property projects and the valuation of the Group’s investment properties, as well as the overall impact of these material matters on the Group’s financial statements and relevant disclosures.
The group’s stock price plunges 27%.
$合生创展集团 (00754.HK)$
合生发展称，普华永道(罗兵咸永道)已同意辞去该公司审计师的职务，从1月27日起生效。一份文件显示，普华永道与合生发展未能就截至12月31日的财年的审计费用达成一致。
普华永道告诉合生，未收到有关某些事项的信息，因此无法计划和完成必要的审计程序。事项包括本集团某些股权投资和物业项目的会计处理、本集团投资物业的估值，以及这些重大事项对本集团财务报表和相关披露的整体影响。
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