Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Global-Tech Appliances Appoints New Auditor
Dec 30, 2002
 Printable format
 Email this Article
 Search

Small appliance maker Global-Tech Appliances announced today that its Board of Directors has approved the appointment of Ernst & Young in Hong Kong as the Company's independent auditors, subject to the completion of Ernst & Young's standard client acceptance process.

Ernst & Young will replace PricewaterhouseCoopers in Hong Kong as the company's independent auditors for the fiscal year ending March 31, 2003. The appointment of Ernst & Young was based on the recommendation of the company's Audit Committee, which conducted a comprehensive review of alternatives regarding the firm that would conduct the company's independent audit.

"The decision to change auditors was made due to issues involving the merger of Arthur Andersen & Co. in Hong Kong with PricewaterhouseCoopers in Hong Kong and does not reflect any adverse position towards the firm's service to the Company," said John C.K. Sham, president and CEO of Global-Tech. "The appointment of Ernst & Young reflects that firm's extensive experience in servicing companies similar to Global-Tech and the depth of resources that are available primarily in Hong Kong to service our account."

Back to Daily News

 

Daily News

...........................................................

Oct 31, 2014: Whirlpool Completes Acquisition of Majority Stake In Hefei Sanyo

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows