On 19 June 2024, the Singapore Exchange Regulation (“SGX RegCo“) issued the “Guidance Note on Change of Auditors” setting out its approach towards assessing an application by an issuer listed on SGX-ST (“issuer“) for a change of auditors (“Application“).
This Update highlights two key points covered under the Guidance Note, namely:
- the requirement that issuers must submit a Change of Auditors Checklist, together with the Application; and
- the minimum information that issuers must disclose in its circular issued to shareholders for them to consider when voting on a change of auditors.
For more information, click here to read the full Legal Update.
