SEC Filing Summary: KHD Humboldt Wedag International Ltd.
Business Context and Reporting Period
This Form 6-K was filed by KHD Humboldt Wedag International Ltd. (formerly MFC Bancorp Ltd.) for the month of December 2005. The filing serves as a Notice of Change of Auditor pursuant to National Instrument 51-102. The registrant is a foreign private issuer with its principal executive office in Hong Kong.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural notice regarding auditor changes and contains no financial statements or performance data.
Material Changes
- Auditor Resignation: Peterson Sullivan PLLC resigned as the Company's auditor effective December 23, 2005, on their own initiative.
- New Appointment: BDO Dunwoody LLP was appointed as the Successor Auditor.
- Approval: The resignation and appointment were approved by the Company's Audit Committee and Board of Directors.
Outlook, Risks, and Contingencies
Management confirmed there were no reservations in the Former Auditor's report on the consolidated financial statements for the year ended December 31, 2004. Furthermore, the Company stated there have been no "reportable events" within the meaning of subsection 4.11(1) of National Instrument 51-102. Both the former and successor auditors confirmed their agreement with the information contained in the notice.
Key Facts for Investor Verification
- Verify the effective date of the auditor change (December 23, 2005).
- Confirm the identity of the successor auditor (BDO Dunwoody LLP).
- Note the absence of "reportable events" or disagreements with the former auditor regarding accounting principles or financial statement disclosures.
- Check subsequent filings for the first financial statements audited by BDO Dunwoody LLP.