The Board of Directors ("Board") of CFM wishes to announce that the Company had on 8 May 2023 received a notice in writing from PCCO PLT ("PCCO") dated 27 April 2023 on their resignation as Auditors of the Company. PCCO's term of office shall end after twenty-one (21) days from 27 April 2023.
PCCO were re-appointed as the Auditors of the Company at the Sixtieth Annual General Meeting (“AGM”) held on 30 September 2022 to hold office until the conclusion of the next AGM of the Company. The resignation of PCCO is due to manpower shortages.
Save for the above, the Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.
Further announcement will be made by the Company on the appointment of a new Auditors in due course.
This announcement is dated 8 May 2023.