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CA Cultural Technology Group Ltd. ( (HK:1566) ) just unveiled an announcement.
CA Cultural Technology Group Ltd. has announced significant developments regarding its proposed restructuring plan. The company’s creditors’ scheme has been sanctioned by the High Court of Hong Kong and will become effective once all conditions are met. Trading of the company’s shares remains suspended as they work to comply with the Stock Exchange’s Resumption Guidance. This includes conducting an investigation and internal control review, publishing outstanding financial results, and ensuring compliance with listing rules. An independent committee has been formed to oversee these processes, and the company is addressing feedback from the Stock Exchange on its investigation and internal control reports.
More about CA Cultural Technology Group Ltd.
CA Cultural Technology Group Ltd. is a company incorporated in the Cayman Islands, primarily involved in the cultural technology industry. The company is listed on the Hong Kong Stock Exchange under the stock code 01566.
Technical Sentiment Signal: Sell
Current Market Cap: HK$60.28M
See more insights into 1566 stock on TipRanks’ Stock Analysis page.