Question
Keong and Kon have been appointed as the directors of KingKong Sdn. Bhd., a company which was incorporated one month ago. They intend to appoint
Keong and Kon have been appointed as the directors of KingKong Sdn. Bhd., a company which
was incorporated one month ago. They intend to appoint their friend Dino, who just graduated
with a Bachelor's Degree in Chemical Engineering as the company's auditor.
(i) Advise Dino whether he qualifies to be appointed as an approved company auditor in
Malaysia. (5 marks)
(ii) Keong and Kon are unsure and are concerned on the procedures involved in removing
an auditor if there is a need to do so. Explain to them whether they can remove an
auditor any time at their option or whether there are any available procedures under the
Companies Act 2016, which may afford an auditor some protections from such
removal. (5 marks)
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