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AM Group Holdings Limited ( (HK:1849) ) just unveiled an announcement.
AM Group Holdings Limited announced a quarterly update on its business operations and the progress of its resumption of trading, which remains suspended. The company is addressing several issues outlined by the Stock Exchange, including publishing outstanding financial results, ensuring management integrity, and conducting internal control reviews. The company faces challenges with its subsidiaries in the PRC, impacting the completion of its financial audits. Efforts are being made to resolve these issues, including the proposed removal of a director, to facilitate the resumption of trading.
More about AM Group Holdings Limited
AM Group Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong under the stock code 1849. The company is involved in various business operations, with a significant focus on its subsidiaries in the People’s Republic of China (PRC).
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$40M
Find detailed analytics on 1849 stock on TipRanks’ Stock Analysis page.