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Glory Sun Land Group Limited ( (HK:0299) ) has shared an update.
Glory Sun Land Group Limited has provided an update on its ongoing efforts to address financial uncertainties that have led to a disclaimer of opinion on its financial statements. The company is actively negotiating with lenders and creditors to find alternative settlement arrangements for defaulted borrowings and is working on property transfers and sales to manage its financial obligations. The management is committed to maintaining communication with stakeholders to resolve these issues and stabilize the company’s financial position.
More about Glory Sun Land Group Limited
Glory Sun Land Group Limited operates in the real estate industry, focusing on property development and investment. The company is involved in managing a portfolio of properties and exploring investment opportunities in the real estate market.
Average Trading Volume: 17,740
Technical Sentiment Signal: Sell
Current Market Cap: HK$11.58M
See more insights into 0299 stock on TipRanks’ Stock Analysis page.