STOCKS | Hengtai Shareholders Reject Appointment Of Auditor

Hengtai (00197) said shareholders at an extraordinary general meeting held yesterday rejected an ordinary resolution to appoint Wong Chung Kin & Co. as the company’s auditor, according to ETNet. The group said 52.548 million shares voted against the resolution, accounting for 99.99% of votes cast, while only 3,071 shares voted in favour. As a result, Wong Chung Kin & Co. was not appointed as auditor, and the board will continue to look for a suitable auditor.