PEGBIO CO-B (02565) has released an announcement stating that, due to a failure to reach an agreement with KPMG on audit fees for the fiscal year ending December 31, 2026, the company has proposed to dismiss KPMG as its auditor for that period.
Following a recommendation from the board's audit committee, the company intends to appoint Grant Thornton Hong Kong as the new auditor for the year ending December 31, 2026, to fill the temporary vacancy created by the proposed dismissal, with the term lasting until the conclusion of the next annual general meeting.
The proposed change of auditor is subject to approval by shareholders through a resolution at an extraordinary general meeting to be convened by the company.
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