Further to the Company’s announcement dated 30 August 2016, the Board of Directors of IB wishes to inform that on 18 November 2016, the Company received a notice of nomination from Zhou Qi Lin, a shareholder of the Company nominating Messrs. Siew Boon Yeong & Associates (AF 0660) as the auditors of the Company for the financial year ending 31 December 2016 in place of the resigning auditors, Messrs. CHI-LLTC (“Proposed Change of Auditors”).
The Proposed Change of Auditors is subject to and conditional upon approval to be obtained from the shareholders at an Extraordinary General Meeting (“EGM”) to be convened.
A Circular containing the details and information of the Proposed Change of Auditors together with the Notice of EGM will be despatched to the shareholders of the Company in due course.
This announcement is dated 30 November 2016.