CA Cultural Technology Group Ltd. (HK:1566) has released an update.
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CA Cultural Technology Group Ltd. has announced significant developments in their proposed restructuring, including the sanctioning of their Creditors’ Scheme by the High Court of Hong Kong and ongoing negotiations to alleviate the company’s liquidity pressures. However, the dispatch of their Circular to shareholders has been delayed as they finalize its contents and prepare for applications such as the Whitewash Waiver. The company has also published its annual report for the financial year ended 31 March 2024.
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