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An update from Anchorstone Holdings Limited ( (HK:1592) ) is now available.
Anchorstone Holdings Limited has issued an update regarding its 2024 Annual Report, detailing measures taken to address financial challenges. The company has been actively negotiating with banks to extend overdue loans and has made partial settlements. It is also working to accelerate project certification and billing, negotiating for project deposits, and extending settlement terms with suppliers. Financial support from a substantial shareholder continues, and the company is seeking additional financing sources to improve its operational efficiency and financial stability.
More about Anchorstone Holdings Limited
Anchorstone Holdings Limited is a company incorporated in the Cayman Islands, operating in the construction industry. The company primarily focuses on providing construction services and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 2,788,833
Technical Sentiment Signal: Sell
Current Market Cap: HK$67.56M
For detailed information about 1592 stock, go to TipRanks’ Stock Analysis page.