Comtec Solar’s Debt Resolution Progresses

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

Comtec Solar Systems Group Ltd. has successfully arranged for the withdrawal of a winding-up petition, thanks to a strategic investor acquiring the company’s outstanding debt from Putana. This move is expected to resolve the company’s financial liabilities and significantly improve its net liabilities position, with ongoing negotiations to finalize a settlement plan for the newly acquired debt. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

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