KUALA LUMPUR: Nexgram Holdings Bhd’s external auditor CHI-LLTC has resigned, citing Nexgram’s recent expansion plan and the “unavailability” of its recently-reduced workforce to handle the increasing work.
The IT services provider told Bursa Malaysia that CHI’s resignation would be effective only after new auditors had been appointed.
It said new auditors for the financial year ending April 30, 2016 would be appointed at an EGM to be convened.
“The board also wishes to inform that the company is not aware of any other matters that need to be brought to the attention of the shareholders of the company with regards to CHI’s resignation,” it said.
Earlier on Wednesday, Nexgram announced it was taking steps to identify an independent qualified accounting firm to undertake the role of special auditor.
This was in response to Bursa Malaysia Securities’ letter saying it was unable to proceed with the processing of the listing application and draft circular in relation to the takeover offer for Ire-Tex Corp Bhd until the exchange’s enquiries had been satisfactorily addressed.
Bursa Securities also requested that Nexgram make known the steps that the Nexgram board was taking to address its enquiries and the implication on the take-over offer.
Nexgram shares closed unchanged on Wednesday at 6.5 sen, with 51.546 million shares being traded.
See also Nexgram to identify special auditor to help probe
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