SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
to Section 13 or 15(d) of the Securities Exchange Act of 1934
of Report (Date of earliest event reported):
name of registrant as specified in its charter)
or other jurisdiction of
Employer Identification No.)|
Ho Wah Genting, No. 35
Maharajalela, 50150-Kuala Lumpur, Malaysia
of principal executive offices)
telephone number, including area code)
name or former address, if changed since last report)
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions ( see General Instruction A.2. below):
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
4.01 Change in Registrant's Certifying Accountant.
of Independent Registered Public Accounting Firm.
June 20, 2018, Vitaxel Group Limited (the “Company”) dismissed BF Borgers CPA PC ("BFB") as the Company's
independent registered public accounting firm, effective immediately.
audit reports of BFB on the consolidated financial statements of the Company for the most recent fiscal year ended December 31,
2017 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit
scope or accounting principles except for a “going concern” contingency.
the Company's most recent fiscal year ended December 31, 2017 and during the subsequent interim period from January 1, 2018 through
June 19, 2018, (i) there were no disagreements with BFB on any matter of accounting principles or practices, financial statement
disclosure or auditing scope or procedures that, if not resolved to BFB's satisfaction, would have caused BFB to make reference
to the subject matter of the disagreement in connection with its reports and (ii) there were no “reportable events”
as defined in Item 304(a)(1)(v) of Regulation S-K.
Company provided BFB with a copy of the disclosures in this report prior to filing with the Securities and Exchange Commission
(the “SEC”). A copy of BFB 's letter to the SEC stating whether it agrees with the statements made in this report
is filed as Exhibit 16.1 to this report.
of New Independent Registered Public Accounting Firm.
June 20, 2018, the Board of Directors of the Company engaged Dale Matheson Carr-Hilton LaBonte LLP ("DMCL") as the Company's
independent registered public accounting firm for the year ending December 31, 2018.
the most recent fiscal year ended December 31, 2017 and during the subsequent interim period from January 1, 2018 through June
19, 2018, neither the Company nor anyone on its behalf consulted DMCL regarding either (i) the application of accounting principles
to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's
financial statements, and neither a written report nor oral advice was provided to the Company that DMCL concluded was an important
factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any
matter that was either the subject of a “ disagreement ” or a “ reportable event ” ,
each as defined in Regulation S-K Item 304(a)(1)(iv) and Item 304(a)(1)(v), respectively.
9.01 Financial Statements and Exhibits.
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 hereunto duly authorized.
June 20, 2018
||VITAXEL GROUP LIMITED|
||/s/ Leong Yee Ming|