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Asia Television Holdings Limited ( (HK:0707) ) has issued an update.
Asia Television Holdings Limited announced the disposal of the CPL Group by a bondholder for HK$6,000,000, following an independent valuation that found the CPL Group to have no economic value due to negative EBITDA and net liabilities. Trading of the company’s shares on the Hong Kong Stock Exchange remains suspended, and stakeholders are advised to exercise caution.
More about Asia Television Holdings Limited
Asia Television Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the media and entertainment industry, focusing on television broadcasting and related services.
Average Trading Volume: 3,114,528
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$133.7M
See more data about 0707 stock on TipRanks’ Stock Analysis page.