CBL International Ltd 6-K, filed Jun 23, 2023
CBL International Ltd (BANL)
About this 6-K
CBL International Ltd filed this 6-K on June 23, 2023.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2023
Commission File Number: 001-41657
CBL INTERNATIONAL LIMITED
(Registrant’s Name)
Suite 19-9-6, Level 9, UOA Centre
No. 19 Jalan Pinang
50450 Kuala Lumpur
Malaysia
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Changes in Registrant’s Certifying Accountant
Discontinuation of the Services from the Company’s Independent Registered Public Accounting Firm
CBL International Limited (the “Company”) is furnishing this current report on Form 6-K to report the dismissal of Wei, Wei & Co., LLP (“WWC”) effective June 23, 2023. The dismissal of WWC has been considered by the audit committee (the “Audit Committee”) of the board of directors (the “Board”) of the Company. Both the Audit Committee and the Board approved the dismissal.
WWC’s reports on the Company’s financial statements for the fiscal years ended December 31, 2022 and 2021 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. Furthermore, during the Company’s two most recent fiscal years and through June 23, 2023, there have been no disagreements with WWC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to WWC’s satisfaction, would have caused WWC to make reference to the subject matter of any such disagreements in connection with its reports on the Company’s financial statements for such periods.
For the fiscal years ended December 31, 2022 and 2021 and through June 23, 2023, there were no “reportable events” as that term is described in Item 16F(a)(1)(v) of the Form 20-F.
The Company provided WWC with a copy of the above disclosure and requested that WWC furnish the Company with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of WWC’s letter is filed as Exhibit 16.1 to this Form 6-K.
Appointment of New Independent Registered Public Accounting Firm
The Company has appointed Moore Stephens as successor auditor of the Company effective June 23, 2023 to audit the Company’s consolidated financial statements as of and for the fiscal year ended December 31, 2023. The appointment of Moore Stephens has been considered and approved by both the Audit Committee and the Board.
During the Company’s two most recent fiscal years and through June 23, 2023, neither the Company nor anyone acting on the Company’s behalf consulted Moore Stephens with respect to any of the matters or reportable events set forth in Item 16F(a)(2)(i) and (ii) of the Form 20-F.
Financial Statements and Exhibits
| Exhibit No. | Description | |
| 16.1 | Letter of Wei, Wei & Co., LLP dated June 23, 2023, regarding change in independent registered public accounting firm. |
SIGNATURES
Pursuant 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, thereunto duly authorized.
| CBL International Limited | ||
| By: | /s/ Teck Lim Chia | |
| Name: | Teck Lim Chia | |
| Date: June 23, 2023 | Title: | Chief Executive Officer |
Exhibit 16.1
 |
June 23, 2023
United States Securities and Exchange Commission Office of the Chief Accountant 100 F Street, NorthEast Washington, D.C. 20549-2000
Commissioners:
We have read the statements of the Report of Foreign Private Issuer on Form 6-K of CBL International Limited to be filed with the Securities and Exchange Commission on or about June 23, 2023. We agree with all statements pertaining to us. We have no basis on which to agree or disagree with the other statements contained therein.
Yours sincerely,
/s/ Wei, Wei & Co. LLP |