Babytree Group (HK:1761) has released an update.
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BabyTree Group has issued a notice regarding the additional resumption guidance received from the Stock Exchange, which requires demonstration of management integrity to alleviate regulatory concerns and ensure investor confidence. Furthermore, the company has announced the postponing of its Annual General Meeting (AGM) due to delays in the dispatch of its annual financial reports for 2022 and 2023. Trading of the company’s shares will continue to be suspended until further notice, with shareholders advised to exercise caution.
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