ALSCO POOLING (02649) has announced that, following a recommendation from the Board Audit Committee, the Board of Directors has resolved to propose the appointment of Ernst & Young (EY) as the company's inaugural auditor after its listing on the Stock Exchange. The Board has also been authorized to determine the auditor's remuneration. This proposal to appoint the first auditor will be submitted as an ordinary resolution at an extraordinary general meeting for shareholders to consider and approve. If approved, the term of service for Ernst & Young will commence from the date the relevant resolution is passed and will last until the conclusion of the company's next annual general meeting.
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