TSL says proposed Deloitte appointment cuts FY2026/27 audit fee to HK$2.4 million

PUBT · 1d ago
TSL says proposed Deloitte appointment cuts FY2026/27 audit fee to HK$2.4 million
  • TSL issued a supplemental statement supporting its proposed auditor switch from EY to Deloitte.
  • Audit committee concluded Deloitte is independent and has sufficient resources, including a team budget of over 3,500 audit hours.
  • Estimated FY2026/27 audit fee set at HK$ 2.4 million, down about 21% from about HK$ 3.05 million previously paid to EY.
  • Fee cut attributed to a smaller audit scope tied to store closures, with self-operated stores falling to 43 from 61 year-on-year.
  • Malaysia audit work to move to a separate firm, with an estimated fee of RM 65,000, equivalent to about HK$ 125,000.


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. TSL - Tse Sui Luen Jewellery (International) Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260812-12281164), on August 12, 2026, and is solely responsible for the information contained therein.