Business Context and Reporting Period
This Form 6-K filing by Agroz Inc. covers the month of November 2025. The report discloses a change in the Company's independent registered public accounting firm, effective November 18, 2025.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the auditor change and related disclosures.
Material Changes and Auditor Transition
- Termination: Agroz Inc. terminated Marcum Asia CPAs LLP as its independent auditor on November 18, 2025.
- Appointment: SFAI Malaysia PLT was appointed as the new independent registered public accounting firm effective November 18, 2025.
- Prior Audit Opinions: Reports for fiscal years ended December 31, 2024, and 2023 did not contain adverse opinions or disclaimers but included an explanatory paragraph regarding the Company's ability to continue as a going concern.
- Disagreements: There were no disagreements with the former auditor on accounting principles, practices, or auditing scope during the relevant periods.
Management Commentary, Risks, and Contingencies
The filing highlights significant internal control weaknesses previously reported in the Company's Form 20-F (filed May 22, 2025), which were not resolved prior to the auditor change. These material weaknesses include:
- Lack of effective information technology general controls (ITGC).
- Insufficient financial reporting and accounting personnel with knowledge of IFRS and SEC reporting requirements.
- Inadequate segregation of duties regarding sales and customer data management.
- Absence of formal internal control policies and independent supervision functions for risk assessment.
No consultations regarding accounting principles or audit opinions were conducted with the new auditor, SFAI, prior to their appointment.
Investor Verification Checklist
- Verify the status of the "going concern" explanatory paragraph in the most recent audited financial statements.
- Confirm the timeline and progress of remediation efforts for the disclosed material weaknesses in internal controls.
- Review the letter from Marcum Asia CPAs LLP (Exhibit 16.1) to ensure no undisclosed disagreements exist.
- Assess the qualifications and resources of the new auditor, SFAI Malaysia PLT, to address the Company's specific reporting needs.