PwC Steps Down as Wellcell's Auditor; Successor Named

MT Newswires Live11-20

PricewaterhouseCoopers has resigned as Wellcell's (HKG:2477) auditor effective Tuesday as the parties could not reach an agreement on the auditor's remuneration for the year ending Dec. 31, a same-day bourse filing said.

The Chinese telecommunication network support and information and communication technology integrator, on the same day, hired Ascenda Cachet CPA as its new auditor.

Price (HKD): $4.00, Change: $+0.080, Percent Change: +2.04%

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