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Regent Pacific Appoints New Auditor Amidst Fee Dispute
Regent Pacific (00575.HK): Appoints Deloitte Touche Tohmatsu as auditor.
Regent Pacific (00575.HK) announced that as the board of directors and Moore Stephens CPA Limited ("Moore Stephens") failed to reach consensus on the audit fees for the year ending December 31, 2024, Moore Stephens has resigned as the company's external auditor, effective July 16, 2024. The board of directors has appointed Mazars CPA Limited ("Mazars") as the company's new auditor, effective July 16, 2024, to fill the temporary vacancy left by Moore Stephens' resignation, with a term until the next shareholder meeting.
Regent Pacific (00575) issued 0.0463 million shares under the consultant agreement.
Regent Pacific (00575) announced that on July 14, 2024, the company exercised the general authorization approved at the annual shareholders' meeting held on May 28, 2021 under the advisory agreement to issue and distribute 0.0463 million new shares.
Regent Pacific Group's Unit Terminates Disposal
Regent Pacific Cancels Major Equity Sale
Regent Pacific (00575.HK) terminates the sale of 25% equity of Qujing Dawei Coking to Gas Supply
Regent Pacific (00575.HK) announced that the sale of 25% equity interest in Qujing Dawei coking gas supply has been terminated. After careful consideration and discussion, the seller and the buyer have decided not to continue with the sale. Several conditions were not met before the deadline specified in the sales agreement. After discussions between the seller, the buyer, and the target company regarding the remaining approval timetable in China, the seller and the buyer have decided not to extend the deadline, and the buyer has provided written notice of termination to the seller. Therefore, according to the terms and conditions of the sales agreement, the sale has been terminated.
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