AHPC appoints Deloitte & Touche as new external auditor

Kingston, Jamaica — October 24, 2025: Atlantic Hardware & Plumbing Company Limited (AHPC) has appointed Deloitte & Touche as its external auditor, replacing Ventry Foo, Chartered Accountant, effective today, October 24, 2025. The company thanked Ventry Foo for years of service, according to a notice filed with the Jamaica Stock Exchange.

Why this matters

• Strengthening reporting and governance: Deloitte’s appointment follows the firm’s formal return to Jamaica earlier this year as part of the Deloitte Caribbean & Bermuda Countries network, expanding big-four audit capacity in the local market.
• Continuity of assurance: Ventry Foo is a long-standing Jamaican registered public accountant; the transition suggests AHPC is scaling its external assurance as a newly listed Junior Market issuer.

Market snapshot: AHPC

• Listing: AHPC became the first Junior Market listing of 2025 on April 4, 2025, commencing trading at J$1.00 per share after raising ~J$500 million in its February IPO and adding 3,218 shareholders.
• Early trading performance: On debut week, the share price dipped below the J$1.00 listing price amid softer investor sentiment.
• Recent price & range: Third-party market trackers show recent end-of-October trading around J$0.86–J$0.96, with a 1-year range ~J$0.83–J$0.99. (Note: figures are indicative and sourced from public market data services, not the JSE feed.)
• Coverage & stats: External equity dashboards (JMSE: AHPC) provide charts, financial snapshots and news aggregation for investors monitoring the name.

About the entities

• Deloitte & Touche (Jamaica): Operates within Deloitte Caribbean & Bermuda Countries, offering audit, tax and consulting services across eight territories including Jamaica; the brand re-established a local presence in 2025 after an earlier exit in 2013.
• Ventry Foo, Chartered Accountant: Listed by Jamaica’s Public Accountancy Board as a registered public accountant; the firm has performed statutory audits for local entities

What to watch next

• 2025 year-end reporting: Investors will look for Deloitte’s first audit opinion reflecting any changes in audit approach, key audit matters, or internal control observations.
• Post-IPO execution: AHPC’s ability to convert IPO proceeds into inventory, working capital and store/online footprint growth will be key drivers of revenue and margin stability—updates typically arrive via quarterly and audited releases on the JSE portal.

Editor’s note: This story is based on AHPC’s official JSE filing and supplemented with publicly available market and corporate information from reputable sources cited above.

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