09/23/2025 | Press release | Distributed by Public on 09/23/2025 10:20
Item 4.01. Change in Registrant's Certifying Accountant.
(a) Dismissal of independent registered public accounting firm
On September 10, 2025, the Board of Directors, as well as the Audit Committee of Greenpro Capital Corp. (the "Company"), approved and accepted the resignation of JP Centurion & Partners PLT ("JP Centurion") as the Company's independent registered public accounting firm, effective immediately.
The reports of JP Centurion on the Company's financial statements as of and for the two most recent fiscal years ended December 31, 2024 and December 31, 2023, did not contain an adverse opinion or a disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope or accounting principles except that there was an explanatory paragraph as to the Company's ability to continue as a going concern and as to critical audit matters.
During the years ended December 31, 2024 and December 31, 2023, and the subsequent interim period from January 1, 2025 to the date of this report, and in connection with the audit of the Company's financial statements, there were (a) no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) with JP Centurion on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to JP Centurion's satisfaction, would have caused JP Centurion to make reference to the subject matter of the disagreement in connection with its reports on the Company's consolidated financial statements for such periods and (b) no "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K and the related instructions).
The Company provided JP Centurion with a copy of the disclosures in this report and has requested that JP Centurion furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not JP Centurion agrees with the statements in this Item 4.01. Despite the Company's request, JP Centurion has not provided the letter to the Company stating whether it agrees or disagrees with the statements pertaining to it in this Item 4.01 on this Form 8-K. As of the filing date of this report, the Company is liaising with JP Centurion to obtain the letter.
(b) Engagement of new independent registered public accounting firm
On September 10, 2025, the Board of Directors, as well as the Audit Committee of the Company, approved and authorized the engagement of the accounting firm of SFAI Malaysia PLT ("SFAI") as the Company's new independent registered public accounting firm. SFAI's appointment is for the Company's fiscal year ending December 31, 2025, and related interim periods.
During the Company's two most recent fiscal years (ended December 31, 2024 and December 31, 2023) and the subsequent interim period prior to the engagement of SFAI, neither the Company, nor anyone on the Company's behalf consulted with SFAIregarding either: (i) the application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements; or (ii) any matter that was either the subject of a disagreement (as defined in Regulation S-K, Item 304(a)(1)(iv) and the related instructions) or (iii) any reportable event (as defined in Regulation S-K, Item 304(a)(1)(v)).