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Ever Reach Group Updates on Resumption Progress Amid Financial Reporting Delays

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Ever Reach Group Updates on Resumption Progress Amid Financial Reporting Delays

Elevate Your Investing Strategy:

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

Ever Reach Group Holdings Co., Ltd. has provided a quarterly update on its resumption progress following a series of delays in publishing its annual and interim financial results. The company is addressing issues outlined in the Resumption Guidance from the Hong Kong Stock Exchange, including an independent investigation into prepayment issues and ensuring adequate internal controls. The investigation, conducted by Cheng & Cheng Risk Advisory Services Limited, is nearing completion, with the final report being prepared. This update is crucial for stakeholders as it impacts the company’s regulatory compliance and market confidence.

More about Ever Reach Group Holdings Co., Ltd.

Ever Reach Group Holdings Co., Ltd. is a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. It operates within the financial sector, focusing on providing investment and holding services.

Technical Sentiment Signal: Hold

Current Market Cap: HK$312M

For detailed information about 3616 stock, go to TipRanks’ Stock Analysis page.

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