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Comtec Solar Confident in Resolving Debt Issues

Comtec Solar Confident in Resolving Debt Issues

Comtec Solar Systems Group Ltd. (HK:0712) has released an update.

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Comtec Solar Systems Group Ltd. has announced an adjournment of their winding-up petition hearing to August 21, 2024, amidst negotiations for debt settlement. The company remains optimistic about resolving its outstanding indebtedness through a strategic investor’s acquisition, which has seen substantial payment made and is expected to be completed by the third quarter of 2024. Shareholders have been cautioned of the investment risks involved with the ongoing petition.

For further insights into HK:0712 stock, check out TipRanks’ Stock Analysis page.

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