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CA Cultural Technology Group Ltd. Updates on Restructuring and Trading Suspension

Story Highlights
  • The High Court of Hong Kong sanctioned CA Cultural Technology’s Creditors’ scheme.
  • Trading in shares remains suspended as the company works on compliance and investigations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CA Cultural Technology Group Ltd. Updates on Restructuring and Trading Suspension

Confident Investing Starts Here:

An update from CA Cultural Technology Group Ltd. ( (HK:1566) ) is now available.

CA Cultural Technology Group Ltd. announced that the High Court of Hong Kong has sanctioned their Creditors’ scheme, which will become effective upon meeting certain conditions. Trading in the company’s shares remains suspended as they work to comply with the Stock Exchange’s Resumption Guidance, including conducting an Investigation and IC Review. An independent committee and advisor have been engaged to oversee and conduct these reviews, with progress being made in gathering and analyzing necessary documents.

More about CA Cultural Technology Group Ltd.

CA Cultural Technology Group Ltd. is a company incorporated in the Cayman Islands, operating with a focus on cultural technology. It is listed on the Hong Kong Stock Exchange under the stock code 01566.

YTD Price Performance: 2.00%

Technical Sentiment Signal: Buy

Current Market Cap: HK$60.28M

Find detailed analytics on 1566 stock on TipRanks’ Stock Analysis page.

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