Arrail Group Limited (the “Company”) announced on February 15, 2026, that PricewaterhouseCoopers (PwC) resigned as its auditor with effect from February 13, 2026. PwC indicated that it was not provided with all the requested information required for completing the Company’s 2025 Interim Review. After considering PwC’s inability to commit to a timetable for finalizing review procedures, the Board and the Audit Committee decided that changing the auditor would best serve shareholders’ interests.
The Company appointed HLB Hodgson Impey Cheng Limited (“HLB”) as the new auditor, effective February 14, 2026. According to the Company, HLB will complete the remaining 2025 Interim Review work and assist in publishing the delayed 2025 Interim Results as soon as practicable. Trading in the Company’s shares, suspended since December 1, 2025, will remain halted until the announcement of the 2025 Interim Results and any other information required under the relevant rules. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.
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