Category Archives: Acounting Firms

BVI company announced results of the annual meeting of shareholders

BVI-registered Luxoft Holding, Inc., the global provider of software development services and IT solutions, announced the results of its Annual Meeting of Shareholders held on September 8, 2017. On August 11, 2017, which is the record date for the Annual Meeting, 22,135,741 Class A ordinary shares and 11,436,022 Class B ordinary shares were outstanding. here were 16,809,378 Class A ordinary shares and 11,436,022 Class B ordinary shares present in person or represented by proxy at the Annual Meeting.

There were two items discussed by shareholders at the Annual Meeting: the reelection of the current directors to serve until the next annual meeting, or until the election of their successors, and ratification of the appointment of Ernst & Young LLC as BVI company’s independent registered public accounting firm for the fiscal year ending March 31, 2018. Both matters were approved by more than 95 per cent of the votes cast.

China Cablecom announced going concern qualification

China Cablecom Holdings, Ltd., a BVI-registered and China-based cable network operator, made an announcement that the audit report of its independent accounting firm, UHY Advisors Inc., included in the BVI company’s Annual Report filed with the Securities and Exchange Commission on July 15, 2009, contained a going concern qualification. The issues of the audit report were the consolidated financial statements for the fiscal years 2008 and 2007, the related consolidated statements of operations and comprehensive loss, changes in stockholders’ equity and cash flows for 2008 and 2007.

China Cablecom announced going concern qualification in compliance with Nasdaq rules which require public disclosure of the receipt of an audit opinion containing a going concern qualification.
The announcement of the BVI company does not change or amend its financial statements for the year 2008.

This announcement does not represent any change or amendment to the company’s financial statements for the year ended December 31, 2008.

Qiao Xing Universal to change its independent Registered Public Accounting Firm

BVI-registered company Qiao Xing Universal Telephone, Inc., manufacturing and distributing telecommunications terminal products, operating in China, announced that on January 8, 2009 it was notified of the personnel of Grobstein Horwath & Company LLP (GHC) having joined with Crowe Horwath LLP, effective December 8, 2008.

As a result, GHC was resigned as the independent registered public accounting firm for the BVI company. Crowe was appointed by Qiao Xing as its new independent registered public accounting firm, and the decision to engage Crowe was approved by the board of directors on January 16, 2009.