CA Cultural Technology Group Ltd. (HK:1566) has released an update.
CA Cultural Technology Group Ltd. is undergoing a significant restructuring process, which includes a creditors’ scheme sanctioned by the Hong Kong High Court and a deed of settlement to ease liquidity pressures. The company is finalizing regulatory responses and preparing a delayed circular to shareholders about changes in capital reorganization and board lot size. The restructuring aims to stabilize operations and is closely monitored by involved stakeholders.
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