Differ Group Auto Limited (HK:6878) has released an update.
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Differ Group Auto Limited has announced that the High Court has authorized a creditors’ meeting for a proposed scheme of arrangement, part of the company’s ongoing restructuring efforts. The crucial meeting is set for August 16, 2024, with a court hearing to follow on September 17, 2024, to discuss the resumption of trading, which has been suspended since April 2, 2024. Shareholders and potential investors are cautioned to be prudent with their dealings as the restructuring plan involves share issuance and requires multiple approvals.
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