Business Context and Reporting Period
Company: Basel Medical Group Ltd (Nasdaq: BMGL)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: Month of July 2025
Date of Filing: July 1, 2025
Principal Executive Office: Singapore
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure regarding a change in independent registered public accounting firms and does not contain financial performance data.
Material Changes
- Appointment of New Auditor: The Company appointed NLA DFK Assurance PAC ("NLA DFK") as its independent registered public accounting firm, effective June 30, 2025.
- Scope of Engagement: NLA DFK is engaged to audit the consolidated financial statements for the fiscal year ended June 30, 2025, and review the statements for the six months ending December 31, 2025.
- Dismissal of Prior Auditor: The audit committee and board of directors approved the dismissal of Onestop Assurance PAC.
- Consultation History: No consultations occurred with NLA DFK regarding accounting principles or audit opinions prior to engagement. No disagreements or reportable events occurred with Onestop Assurance PAC during the fiscal years ended June 30, 2023 and 2024, or the interim period through June 30, 2025.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on future performance, or specific risk factors. The document confirms that the prior audit report by Onestop Assurance PAC (dated November 4, 2024) did not contain an adverse opinion, disclaimer, or qualification regarding uncertainty, audit scope, or accounting principles.
Investor Verification Checklist
- Verify the effective date of the new auditor (NLA DFK Assurance PAC) is June 30, 2025.
- Confirm the absence of "disagreements" or "reportable events" with the former auditor (Onestop Assurance PAC) as defined in Item 16F of Form 20-F.
- Review Exhibit 99.1 (Letter from Onestop Assurance PAC) to ensure the former auditor agrees with the statements made in this filing.
- Monitor the upcoming audit report for the fiscal year ended June 30, 2025, to be issued by NLA DFK.