net_left Kdata adver left
Detail

China Evergrande's auditor quits on disagreement around 2021 audit-related matters

(Reuters) - Embattled property developer China Evergrande on Monday said that its current auditor, PricewaterhouseCoopers (PwC), has resigned as the parties disagreed over the...
China Evergrande's auditor quits on disagreement around 2021 audit-related matters © Reuters. FILE PHOTO: The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song

(Reuters) - Embattled property developer China Evergrande on Monday said that its current auditor, PricewaterhouseCoopers (PwC), has resigned as the parties disagreed over the timeline and scope of work surrounding the firm's status as a going concern and other audit-related matters for fiscal 2021.

Once China's top-selling developer, Evergrande is now at the centre of the country's property crisis. Its $22.7 billion of offshore debt, including loans and private bonds, is deemed to be in default after it missed payments late last year.

In its resignation letter, PwC noted that it had not received information on certain material matters surrounding the group's consolidated financial statements for the year 2021.

Evergrande, which has been scrambling to raise funds to repay its creditors, is in the midst of a debt restructuring process in which stakeholders are awaiting the completion of its audited financial rundown for 2021.

PwC also flagged that the group had not settled certain interest-bearing liabilities that were due on their contractual maturity dates in 2021, adding that PwC was not provided with relevant details on the investigation conducted by an independent committee.

Certain cash-flow projections for not less than 12 months from January 2022, including the net realisable value of properties under development and completed properties held for sale as at Dec. 31, 2021 have not been disclosed, PwC said.

Evergrande has resolved to appoint Prism Hong Kong and Shanghai Ltd as the new auditor, taking into account the recommendation of the company's audit committee.

Last week Reuters reported, citing sources, that the developer will hold a meeting with dollar bondholders to discuss its debt restructuring proposals.

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
04-03-2024 14:49:04 (UTC+7)

EUR/USD

1.0853

+0.0016 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/USD

1.0853

+0.0016 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

GBP/USD

1.2677

+0.0027 (+0.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

USD/JPY

150.32

+0.21 (+0.14%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

AUD/USD

0.6526

+0.0003 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

USD/CAD

1.3558

+0.0001 (+0.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

EUR/JPY

163.14

+0.53 (+0.33%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (11)

Sell (0)

EUR/CHF

0.9557

-0.0025 (-0.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Gold Futures

2,096.35

+0.65 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Silver Futures

23.352

-0.012 (-0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Copper Futures

3.8770

+0.0155 (+0.40%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Crude Oil WTI Futures

80.09

+0.12 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (1)

Brent Oil Futures

83.78

+0.23 (+0.28%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (2)

Natural Gas Futures

1.881

+0.046 (+2.51%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

US Coffee C Futures

184.13

-0.22 (-0.12%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (4)

Euro Stoxx 50

4,894.05

+16.28 (+0.33%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

S&P 500

5,137.08

+40.81 (+0.80%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

DAX

17,735.00

-0.07 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

FTSE 100

7,682.50

+52.48 (+0.69%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

Hang Seng

16,563.00

-26.44 (-0.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

US Small Cap 2000

2,076.39

+21.55 (+1.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

10,064.70

+63.40 (+0.63%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

BASF SE NA O.N.

47.985

+0.910 (+1.93%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (8)

Bayer AG NA

28.33

+0.24 (+0.85%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Allianz SE VNA O.N.

251.80

-2.05 (-0.81%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (2)

Adidas AG

187.00

-0.12 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Deutsche Lufthansa AG

7.191

+0.003 (+0.04%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (5)

Siemens AG Class N

181.28

-1.66 (-0.91%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (4)

Deutsche Bank AG

12.566

+0.204 (+1.65%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (0)

Sell (6)

 EUR/USD1.0853↑ Buy
 GBP/USD1.2677↑ Buy
 USD/JPY150.32↑ Sell
 AUD/USD0.6526↑ Buy
 USD/CAD1.3558↑ Sell
 EUR/JPY163.14↑ Buy
 EUR/CHF0.9557↑ Sell
 Gold2,096.35↑ Buy
 Silver23.352↑ Buy
 Copper3.8770↑ Buy
 Crude Oil WTI80.09↑ Buy
 Brent Oil83.78Buy
 Natural Gas1.881↑ Sell
 US Coffee C184.13Neutral
 Euro Stoxx 504,894.05Buy
 S&P 5005,137.08↑ Buy
 DAX17,735.00↑ Sell
 FTSE 1007,682.50↑ Sell
 Hang Seng16,563.00↑ Buy
 Small Cap 20002,076.39↑ Buy
 IBEX 3510,064.70↑ Buy
 BASF47.985↑ Sell
 Bayer28.33↑ Sell
 Allianz251.80Buy
 Adidas187.00↑ Buy
 Lufthansa7.191Sell
 Siemens AG181.28Sell
 Deutsche Bank AG12.566Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,850/ 8,000
(50/ 50) # 1,745
SJC HCM7,870/ 8,070
(90/ 40) # 1,815
SJC Hanoi7,870/ 8,072
(90/ 40) # 1,817
SJC Danang7,870/ 8,072
(90/ 40) # 1,817
SJC Nhatrang7,870/ 8,072
(90/ 40) # 1,817
SJC Cantho7,870/ 8,072
(90/ 40) # 1,817
Cập nhật 04-03-2024 14:49:07
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,086.07+2.590.12%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.43024.910
RON 95-III23.92024.390
E5 RON 92-II22.75023.200
DO 0.05S20.77021.180
DO 0,001S-V21.76022.190
Dầu hỏa 2-K20.78021.190
ↂ Giá dầu thô thế giới
WTI$79.60+2.140.03%
Brent$83.54+1.830.02%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.500,0024.870,00
EUR26.109,9627.542,83
GBP30.490,1031.787,53
JPY159,34168,65
KRW16,0519,45
Cập nhật lúc 14:40:44 04/03/2024
Xem bảng tỷ giá hối đoái
adver main right