WS-SK Target Group Limited announced that McMillan Woods (Hong Kong) CPA Limited will retire at the forthcoming Annual General Meeting but will seek re-appointment as the Group’s external auditor. The Board, following audit committee recommendation, will propose an ordinary resolution at the AGM to confirm McMillan’s re-appointment for the financial year ending 31 May 2027 and to authorise the Board to determine its remuneration.
The estimated audit fee for the FY2027 engagement is projected at HK$0.90 million to HK$1.00 million, exclusive of out-of-pocket expenses. The fee range reflects anticipated time commitments, resource allocation, audit timetable and risk assessment associated with the Group’s operational scale, complexity and geographical footprint. The estimate assumes no material changes to the Group’s structure or business model and timely provision of information by management; under these conditions, the final fee is not expected to differ materially from the stated range. Should significant changes arise, the Company will provide further disclosure.
Board composition remains unchanged, comprising one Executive Director, Mr. Loh Swee Keong (Chairman), and three Independent Non-executive Directors: Mr. Yau Ka Hei, Mr. Ma She Shing Albert and Ms. Yau Ka Ying. The supplemental information does not affect any other details in the 30 September 2026 AGM circular and notice.
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