tiprankstipranks

Enterprise Development Holdings Addresses Internal Control Lapses

Story Highlights
  • Enterprise Development Holdings failed to comply with Listing Rules due to inadequate internal controls.
  • The company discovered non-compliance during a review of trading activities, leading to remedial actions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Enterprise Development Holdings Addresses Internal Control Lapses

Don’t Miss TipRanks’ Half-Year Sale

Enterprise Development Holdings Limited ( (HK:1808) ) has issued an update.

Enterprise Development Holdings Limited has identified breaches in compliance with the Listing Rules due to inadequate internal controls over the reporting of securities transactions. The company failed to adopt a systematic approach to track and report purchases and disposals of listed securities, leading to non-compliance with disclosure requirements. The oversight resulted in certain transactions being mistakenly disregarded, but the issue was later discovered during a review of trading activities.

More about Enterprise Development Holdings Limited

Average Trading Volume: 28,319

Technical Sentiment Signal: Buy

Current Market Cap: HK$906.1M

See more insights into 1808 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1