Fu Yu answers shareholder questions ahead of July 31 EGM

Reuters2026/07/24 09:31

By:Reuters

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Fu Yu published shareholder Q&A ahead of its July 31, 2026 EGM on appointing Foo Kon Tan as new auditor.
Base statutory audit fee under the proposed appointment would be about SGD 12,000 lower, based on a comparable FY2025 audit scope.
Final fee could change if extra work is needed, including procedures linked to the prior year’s qualified opinion.
Baker Tilly retired at the April 30, 2026 AGM, did not seek reappointment, following discussions during a review of audit needs.
Audit committee ran a competitive process; Foo Kon Tan’s proposal was “very competitive,” selected for overall audit quality and capability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fu Yu Corporation Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: XZJ8BIIAD97D0009) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fu Yu answers shareholder questions ahead of July 31 EGM

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