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Verde Resources dismisses J&S Associate PLT as auditor and appoints MBP Global LLP
VRDRVerde Resources, Inc.
On October 6, 2026, Verde Resources dismissed J&S Associate PLT as its independent registered public accounting firm and appointed MBP Global LLP effective immediately. The prior auditor's reports contained a critical audit matter regarding the impairment assessment of intellectual properties but were not qualified or modified. The company disclosed material weaknesses in internal control over financial reporting for fiscal years 2025 and 2026, including insufficient segregation of duties, lack of formalized policies, absence of an internal audit function, and no audit committee. Verde Resources operates in the resource sector.