China Resources Land Proposes Deloitte to Succeed KPMG as Independent Auditor

Bulletin Express05-11 22:43

China Resources Land Limited announced a planned change of independent auditor aimed at reinforcing corporate governance and auditor independence.

KPMG, which has served since June 2023, will retire upon the conclusion of the Annual General Meeting (AGM) scheduled for 9 June 2026. The Board, after review with the Audit Committee, has resolved not to seek KPMG’s re-appointment.

Subject to shareholder approval at the forthcoming AGM, Deloitte Touche Tohmatsu is recommended to assume the role of independent auditor. The Audit Committee’s assessment covered Deloitte’s audit proposal and fees, experience with Hong Kong-listed companies, technical competence, independence, market reputation, resource capacity, and alignment with the Hong Kong Accounting and Financial Reporting Council’s “Guidelines for Effective Audit Committees.”

The Board expressed gratitude to KPMG for its professional services and confirmed no matters other than those disclosed require attention from shareholders or creditors regarding the auditor’s retirement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1107758967?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-11 22:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1107758967","market":"us","top_or_hot":-1,"title":"China Resources Land Proposes Deloitte to Succeed KPMG as Independent Auditor","media":"Bulletin Express","content":"<p>China Resources Land Limited announced a planned change of independent auditor aimed at reinforcing corporate governance and auditor independence.</p>\n<p>KPMG, which has served since June 2023, will retire upon the conclusion of the Annual General Meeting (AGM) scheduled for 9 June 2026. The Board, after review with the Audit Committee, has resolved not to seek KPMG’s re-appointment.</p>\n<p>Subject to shareholder approval at the forthcoming AGM, Deloitte Touche Tohmatsu is recommended to assume the role of independent auditor. The Audit Committee’s assessment covered Deloitte’s audit proposal and fees, experience with Hong Kong-listed companies, technical competence, independence, market reputation, resource capacity, and alignment with the Hong Kong Accounting and Financial Reporting Council’s “Guidelines for Effective Audit Committees.”</p>\n<p>The Board expressed gratitude to KPMG for its professional services and confirmed no matters other than those disclosed require attention from shareholders or creditors regarding the auditor’s retirement.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Resources Land Proposes Deloitte to Succeed KPMG as Independent Auditor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Resources Land Proposes Deloitte to Succeed KPMG as Independent Auditor\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-05-11 22:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China Resources Land Limited announced a planned change of independent auditor aimed at reinforcing corporate governance and auditor independence.</p>\n<p>KPMG, which has served since June 2023, will retire upon the conclusion of the Annual General Meeting (AGM) scheduled for 9 June 2026. The Board, after review with the Audit Committee, has resolved not to seek KPMG’s re-appointment.</p>\n<p>Subject to shareholder approval at the forthcoming AGM, Deloitte Touche Tohmatsu is recommended to assume the role of independent auditor. The Audit Committee’s assessment covered Deloitte’s audit proposal and fees, experience with Hong Kong-listed companies, technical competence, independence, market reputation, resource capacity, and alignment with the Hong Kong Accounting and Financial Reporting Council’s “Guidelines for Effective Audit Committees.”</p>\n<p>The Board expressed gratitude to KPMG for its professional services and confirmed no matters other than those disclosed require attention from shareholders or creditors regarding the auditor’s retirement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01109","symbol_name":"华润置地","start_time":0,"source_url":"","article_id":"1107758967","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107758967","pubTimestamp":1778510594,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"China Resources Land Limited announced a planned change of independent auditor aimed at reinforcing corporate governance and auditor independence. KPMG, which has served since June 2023, will retire...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01109":"华润置地"},"translate_title":"华润置地提议德勤接替毕马威担任独立核数师","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01109":1},"content_text":"China Resources Land Limited announced a planned change of independent auditor aimed at reinforcing corporate governance and auditor independence.\nKPMG, which has served since June 2023, will retire upon the conclusion of the Annual General Meeting (AGM) scheduled for 9 June 2026. The Board, after review with the Audit Committee, has resolved not to seek KPMG’s re-appointment.\nSubject to shareholder approval at the forthcoming AGM, Deloitte Touche Tohmatsu is recommended to assume the role of independent auditor. The Audit Committee’s assessment covered Deloitte’s audit proposal and fees, experience with Hong Kong-listed companies, technical competence, independence, market reputation, resource capacity, and alignment with the Hong Kong Accounting and Financial Reporting Council’s “Guidelines for Effective Audit Committees.”\nThe Board expressed gratitude to KPMG for its professional services and confirmed no matters other than those disclosed require attention from shareholders or creditors regarding the auditor’s retirement.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1107758967","isCrawlerRequest":true}