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The latest update is out from Hilong Holding Ltd. ( (HK:1623) ).
Hilong Holding Ltd., a company incorporated in the Cayman Islands, has provided a supplemental announcement regarding its continuing connected transactions and internal control review. The company has faced non-compliance issues related to reporting connected transactions, which were identified during an internal audit. As part of remedial actions, Hilong engaged an independent consultant to enhance its internal controls, focusing on corporate governance and financial reporting. The company aims to address these issues to comply with stock exchange requirements and improve its operational transparency.
More about Hilong Holding Ltd.
Technical Sentiment Signal: Buy
Current Market Cap: €22.76M
For an in-depth examination of 1623 stock, go to TipRanks’ Stock Analysis page.