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 project...