Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated in Hong Kong with limited liability)
(Stock Code: 21) RESIGNATION OF AUDITOR
The Board announces that Grant Thornton has resigned as the
auditor of the Group with effect from 17
January 2012.
The board of directors (the "Board") of Waytung Global Group
Limited (the "Company", and together with its subsidiaries,
the "Group") hereby announces that Grant Thornton Jingdu
Tianhua ("Grant Thornton") has resigned as the Group's
auditor with effect from 17 January 2012 as the Company could
not reach consensus with Grant Thornton on the audit fee for
the year ended 31 December 2011. Grant Thornton has confirmed
that there are no matters or circumstances connected with its
resignation that need to be brought to the attention of
holders of securities of the Company or members or creditors
of the Group.
The Board confirms that there are no matters in respect of
the change of the auditor which they consider should be
brought to the attention of the holders of securities of the
Company or members or creditors of the Group.
The Company is currently in the process of identifying a
suitable replacement to fill the vacancy following the
resignation of Grant Thornton and further announcement will
be made by the Company in due course in relation to the
appointment of the new auditors of the Group.
Hong Kong, 18 January 2012
By order of the Board Waytung Global Group Limited Huang Shih
Tsai
Chairman
As at the date of this announcement, the Board comprises one Non-executive Director, namely Mr. Huang Shih Tsai (Chairman), one Executive Director, namely Ms. Huang Wenxi (Chief Executive Officer), three Independent Non-executive Directors, namely Mr. Cheng Hong Kei, Mr. Leung Kwan, Hermann and Mr. Lum Pak Sum.