kingcommunitycandycrush| City Beauty: Replacement of auditor to EY requires approval by shareholders 'meeting

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[Ernst & Young will succeed PricewaterhouseCoopers as the new auditor of Urban Beauty]

Urban Beauty Company announcedkingcommunitycandycrushWith the upcoming annual general meeting, PricewaterhouseCoopers will no longer hold the position after its tenure as the company's auditor expires.

Based on the recommendation of the Audit Committee, the board of directors decided to formally appoint Ernst & Young to take over the audit work of the company after the retirement of PricewaterhouseCoopers. This resolution will be proposed at the annual general meeting and will formally take effect upon approval by shareholders. The term will be until the next annual general meeting.