Melco Resorts & Entertainment Appoints New Auditor
Ticker: MLCO · Form: 6-K · Filed: Jun 7, 2024 · CIK: 1381640
Sentiment: neutral
Topics: auditor-change, corporate-governance, disclosure
TL;DR
Melco Resorts just swapped auditors, new firm appointed by the board.
AI Summary
Melco Resorts & Entertainment Limited filed a Form 6-K on June 7, 2024, to report a change in its certifying accountant. The Audit Committee of the board of directors has appointed a new independent registered public accounting firm.
Why It Matters
A change in a company's auditor can signal shifts in financial oversight or potential concerns about previous audits, impacting investor confidence.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of a change in auditor, which is common and typically does not indicate significant underlying business risk.
Key Players & Entities
- Melco Resorts & Entertainment Limited (company) — Registrant
- Audit Committee (company) — Oversight body for auditor appointment
FAQ
What is the name of the new certifying accountant appointed by Melco Resorts & Entertainment?
The filing states that a new independent registered public accounting firm has been appointed, but the specific name of the firm is not disclosed in this portion of the document.
When was the decision made to change the certifying accountant?
The filing does not specify the exact date the decision was made, only that it is being reported in the June 2024 Form 6-K.
Did the previous certifying accountant resign or was it dismissed?
The provided text does not contain information about the circumstances of the previous accountant's departure.
What is the primary purpose of a Form 6-K filing?
A Form 6-K is a report of foreign issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934, used to provide material information not otherwise required to be filed with the SEC.
What is the significance of the Audit Committee's role in this change?
The Audit Committee of the board of directors is responsible for the appointment of the company's independent registered public accounting firm.
Filing Stats: 830 words · 3 min read · ~3 pages · Grade level 18.8 · Accepted 2024-06-07 06:30:28
Filing Documents
- d860667d6k.htm (6-K) — 17KB
- d860667dex161.htm (EX-16.1) — 2KB
- 0001193125-24-156626.txt ( ) — 20KB
(a)(1)(v) of the instructions to Form 20-F
Item 16F(a)(1)(v) of the instructions to Form 20-F. The Company has provided EY SG with a copy of the disclosures contained in this Form 6-K, and has requested EY SG to furnish the Company with a letter addressed to the SEC stating whether EY SG agrees with the statements made by the Company in this Form 6-K and, if not, stating the respects in which it does not agree. A copy of such letter from EY SG, dated June 7, 2024, is filed as Exhibit 16.1 to this Form 6-K. 2 Table of Contents MELCO RESORTS & ENTERTAINMENT LIMITED Form 6K TABLE OF CONTENTS Signature 4 Exhibit 16.1 3 Table of Contents SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MELCO RESORTS & ENTERTAINMENT LIMITED By: /s/ Geoffrey Davis Name: Geoffrey Davis, CFA Title: Chief Financial Officer Date: June 7, 2024 4 Table of Contents EXHIBIT INDEX Exhibit No. Description Exhibit 16.1 Letter from Ernst & Young LLP, Singapore 5