CA Cultural Technology Group Ltd. (HK:1566) has released an update.
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CA Cultural Technology Group Ltd. has announced several developments in its proposed restructuring process, including the approval of a Creditors’ Scheme by the High Court of Hong Kong and the execution of a Deed of Settlement to address liquidity issues. The company is working on finalizing a circular for shareholders, detailing the restructuring plan, though the dispatch has been delayed due to ongoing regulatory feedback.
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