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Top related persons:
“ - 1 Erica Y - 1 Williams - 1 ” PwC - 1 ” - 1 Shandong Haoxin - 1
Top related locs:
Hong Kong China Macao Shandong Haoxin Shandong
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Hong Kong CNN - 1 US Public Company - 1 PwC - 1 US - 1 Shandong Haoxin - 1

Search resuls for: "US Public Company"


3 mentions found


☆ US PCAOB fines PwC in China for allowing cheating on audit exams
  + stars: | 2023-12-01 | by ( Michelle Toh | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —A US regulator has hit the China arm of prestigious “Big Four” firm PwC with a $7 million fine. In its announcement, the PCAOB said the practice was widespread, involving more than 1,000 employees from PwC Hong Kong, and hundreds more from PwC China. It fined PwC $7 million in total, with its entities in Hong Kong and mainland China ordered to pay $4 million and $3 million, respectively. The mainland Chinese arm works in collaboration with its Hong Kong and Macao offices, collectively boasting a headcount of more than 20,000. On Thursday, the US regulator also penalized a mainland Chinese accounting firm for violations, including issuing a false audit report.
Persons: “, Erica Y, Williams, ” PwC, ”, Shandong Haoxin Organizations: Hong Kong CNN, US Public Company, PwC, US, Shandong Haoxin Locations: Hong Kong, China, Macao, Shandong Haoxin, Shandong
☆ Trian presses Disney to replace board member Michael Froman with Nelson Peltz
  + stars: | 2023-02-02 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +2 min
The proxy battle between Disney and activist investment firm Trian Management LP is heating up ahead of the company's annual shareholder meeting. On Thursday, Trian said in a filing that Disney shareholders should vote to remove Michael Froman from the board and replace him with Nelson Peltz. "Trian Group believes Mr. Froman has no experience as a public company director outside of Disney," the firm said in a statement Thursday. "In contrast, Nelson Peltz has served on numerous public company boards over the last several years." Few members of Disney's board have media experience outside of the Mouse House.
☆ Delisting risk eases for Alibaba and other US-listed Chinese companies after American officials get audit access
  + stars: | 2022-12-15 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +3 min
Alibaba and other US-listed Chinese firms face a lower risk of delisting after officials got access to audit data. Inspectors conducted on-site work in Hong Kong but have yet to gain access to mainland China. The work lessens the potential that roughly 200 Chinese companies will be booted from American exchanges. Chinese officials have cited national security concerns for shutting down inspection demands. The watchdog said it's continuing to demand complete access in mainland China and Hong Kong and is already planning for regular inspections starting in early 2023.
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