tiprankstipranks
Company Announcements

Foresta Group Holdings Appoints New Auditor

Story Highlights
Foresta Group Holdings Appoints New Auditor

Discover the Best Stocks and Maximize Your Portfolio:

Leaf Resources Limited ( (AU:FGH) ) has provided an announcement.

Foresta Group Holdings Limited has appointed BDO Audit Pty Ltd as its new auditor, following the resignation of Hall Chadwick Melbourne Audit. This decision, which will be ratified at the company’s 2025 Annual General Meeting, comes after a thorough selection process and aligns with Foresta’s commitment to good corporate governance. The board believes that BDO’s appointment is in the best interest of the company and its shareholders, potentially impacting its operational efficiency and stakeholder confidence.

More about Leaf Resources Limited

Foresta Group Holdings Limited is a prominent player in the natural and renewable pine chemical and biomass pellet manufacturing industry. The company is working towards establishing itself as a leading global supplier of these products, using a proprietary process to extract pine chemicals like rosin and terpenes, which are used in various industrial manufacturing applications including adhesives, inks, paints, car tires, and perfumes.

YTD Price Performance: 20.0%

Average Trading Volume: 2,139,895

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$26.53M

Learn more about FGH stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1