ARB’s auditor voluntarily resigns after audit charge disagreement

KUALA LUMPUR: ARB Bhd has obtained a discover in writing from Messrs. BDO PLT (BDO) to resign as auditors of the corporate.

“The resignation of BDO is a voluntary resignation as we couldn’t attain a consensus on the proposed improve of the audit charges protecting the monetary statements for the 18 months ending June 30, 2022 of the corporate and a few of its subsidiaries,” it stated in a submitting with Bursa Malaysia.

ARB stated it obtained a discover in writing dated March 31given pursuant to Part 281(1) of the Corporations Act 2016 (CA 2016) from BDO.

Pursuant to Part 281(2) of the CA 2016, BDO’s time period of workplace will finish after twenty-one days from March 31.

“The board additionally needs to announce Messrs. SBY Companions PLT which has given its consent to behave as auditors of the corporate pursuant to Part 264(5) of the CA 2016 through its letter dated April 1, has been appointed because the auditors of the corporate,” ARB stated.


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