Globetronics Technology Bhd announce that it has received a written notice from Messrs. KPMG PLT, expressing their voluntary resignation as Auditors of the Company, however the company said the changes is in line with its new strategic direction, influenced by newly emerged shareholders and management.
The Management of GTB commented, "We extend our gratitude to KPMG for their long service and look forward to maintaining a positive relationship as we transition. It is important to note that the financial reports so far have not been audited by KPMG for this year, ensuring there is no impact on our financial integrity from this transition. We are actively enhancing our auditing processes to meet the highest standards of accuracy and transparency. Subsequently, we have shortlisted UHY Malaysia as our new auditor, pending the completion of official documentation to formalise the appointment and ensure consistency with our strategic objectives."
The Board of Directors of the company said the transition will not impact the operations and remains focused on its business activities and will continue to meet all regulatory obligations during this period.
