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Ever Reach Group Faces Delays in Financial Reporting Amid Trading Suspension

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Ever Reach Group Faces Delays in Financial Reporting Amid Trading Suspension

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Ever Reach Group Holdings Co., Ltd. ( (HK:3616) ) has issued an announcement.

Ever Reach Group Holdings Co., Ltd. has announced a delay in the publication of its 2024 annual results and the dispatch of its annual report, alongside a continued suspension of trading. The company is working on fulfilling the Stock Exchange’s Resumption Guidance, which includes an independent investigation into prepayment issues and an internal control review. Both investigations have been completed in principle, with reports being finalized. The company is also addressing outstanding financial results, with further announcements expected regarding the publication timetable.

More about Ever Reach Group Holdings Co., Ltd.

Ever Reach Group Holdings Co., Ltd. is a company incorporated in the Cayman Islands, focusing on the real estate industry. It is listed on the Hong Kong Stock Exchange and is involved in property development and management services.

Technical Sentiment Signal: Hold

Current Market Cap: HK$312M

See more insights into 3616 stock on TipRanks’ Stock Analysis page.

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