AMTD International Completed Its Auditor Rotation Process & Appointed Deloitte as Its Independent Registered Public Accountin...
22 Janvier 2021 - 10:30PM
Business Wire
AMTD International Inc. (“AMTD International” or “the Company”),
a NYSE and SGX-ST dual-listed company, a subsidiary of AMTD Group
Company Limited (“AMTD Group”), a leading comprehensive financial
services conglomerate, today announced that, effective on January
22, 2021, the Company has engaged Deloitte Touche Tohmatsu
(“Deloitte”) as the Company’s independent registered public
accounting firm, to rotate out Ernst & Young (“EY”). This
change was initiated, supervised and approved by the Audit
Committee of the Board to conform with international best practices
on auditor independence. EY has served as the independent auditor
for AMTD Group and its subsidiaries for six consecutive years. The
Company’s appointment of Deloitte as its independent registered
public accounting firm is in line with the auditor rotation policy
of AMTD Group which covers all of its subsidiaries, including the
Company.
Deloitte has been engaged to audit and report on the
consolidated financial statements of the Company for the year ended
December 31, 2020.
EY has served as AMTD Group’s independent auditor since 2014. EY
has issued unqualified opinions on the Company’s consolidated
financial statements since the Company’s inception.
Dr. Feridun Hamdullahpur, Independent Chairman of the Board and
Chairman of the Audit Committee commented, “We at AMTD share one
common goal and one common belief with regard to attaining the
highest standard in international best practices on corporate
governance, and benchmarking our policies and procedures to conform
with global standards for corporate social responsibilities. As
such, the process of rotation of auditors is particularly important
to support our governance requirements since EY already served as
the independent auditor for AMTD Group for six consecutive years.
In my capacity as Chairman of the Company’s Audit Committee, I
applaud the management of AMTD Group for the robustness of the
tendering and selection processes in accordance with the
instructions of the Audit Committee. On behalf of the Audit
Committee, we welcome the appointment of Deloitte as the Company’s
independent registered public accounting firm for 2020 and look
forward to their fresh perspectives. I would also like to thank EY
for their professional services and support over the years”.
Prof. Annie Koh, independent Board member and member of the
Audit Committee added, “As a member of the Audit Committee on AMTD
International which has a secondary listing on the SGX, I am
pleased that the Audit Committee has called for a tender to rotate
the independent auditor for the Company. We welcome Deloitte as our
new independent registered public accounting firm and look forward
to working closely with them to uphold the governance standards
across the two exchanges.”
About AMTD International Inc.
AMTD International Inc. (NYSE: HKIB; SGX: HKB) is a premier Hong
Kong-headquartered financial institution group connecting companies
and investors from Asia, including China and Hong Kong as well as
the ASEAN markets with global capital markets. Its comprehensive
one-stop financial service solutions strategy addresses different
clients’ diverse and inter-connected financial needs across all
phases of their life cycles. Leveraging its deep roots in Asia and
its unique eco-system — the “AMTD SpiderNet” — the Company is
uniquely positioned as an active super-connector between clients,
business partners, investee companies, and investors, connecting
the East and the West. For more information, please visit
www.amtdinc.com or follow us on Twitter at “@AMTDGroup.” For the
Company’s announcements, please visit
http://ir.amtdinc.com/News.
Safe Harbor Statement
This press release contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Statements that are not historical facts,
including statements about AMTD’s beliefs, plans, and expectations,
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. Further information regarding
these and other risks is included in AMTD’s filings with the SEC.
All information provided in this press release is as of the date of
this press release, and AMTD does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210122005451/en/
AMTD IR office (ir@amtdinc.com) AMTD International Inc. +852
3163-3389 +1 (866) 849-3788
AMTD (NYSE:HKIB)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
AMTD (NYSE:HKIB)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024