DBA Telecommunication's CFO Tenders Resignation

Ricky Chan Wai Chuen has tendered his resignation as the Chief Financial Officer, the Company Secretary and an executive director of DBA Telecommunication (Asia) Holdings Limited.

 

Chan will also cease to act as an authorized representative of the company.

 

Chan considered that the operating subsidiaries of the company in the People's Republic of China had failed to, in a timely manner, address his concerns and provide clarifications and information required by the auditors of the company in order to complete the audit of the accounts of the company for the year ended 31 December 2012 .

 

Further, Chan considered that there were unexplainable delays by the PRC Subsidiaries in providing the requested documents and information to the auditor to perform the audit. As a result, he considered that he was no longer able to properly discharge his duties as an executive director of the company.

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