The Board of Directors of UCrest Berhad ("UCrest") wishes to announce that the Company has on 1 March 2019, received the notice in writing given pursuant to Section 281 of the Companies Act 2016 from Messrs Baker Tilly Monteiro Heng ("BTMH") on their resignation as Auditors of the Company. The end of BTMH's term of office shall be twenty one (21) days from 1 March 2019 pursuant to Section 281(2) of the Companies Act 2016.
BTMH who had been the Auditors of the Company were re-appointed as the Auditors of the Company at the last Annual General Meeting ("AGM") of the Company held on 23 November 2018 to hold office until the conclusion of the next AGM of the Company. The resignation is on voluntary basis as the Company could not reach a consensus on the proposed audit fees for the financial year ending 31 May 2019 with BTMH.
Save for the above, the Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.
The Company will appoint another audit firm as the new auditors of the Company.
Further announcements will be made by the Company in due course once the nomination of new auditors is finalished by the Company.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DreamKaiser
1,309 posts
Posted by DreamKaiser > 2019-03-11 08:56 | Report Abuse
Some people. When 24.5, cry bevos price dropped. When 27, cry again becos regret not having bought @24.5
They like to live their life crying all the time