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An announcement from Jiyi Holdings Limited ( (HK:1495) ) is now available.
Jiyi Holdings Limited has announced key findings from an independent investigation and internal control review following a suspension of trading on the Hong Kong Stock Exchange. The investigation, conducted by OOP Advisory Limited, was initiated due to a disclaimer of opinion issued by McMillan Woods (Hong Kong) CPA Limited on the company’s 2023 financial statements, highlighting material uncertainties and unauthorized guarantee arrangements involving the company’s PRC subsidiaries and former key management. The investigation aimed to assess the impact on Jiyi Holdings’ operations and financial condition, and to implement remedial measures.
More about Jiyi Holdings Limited
Technical Sentiment Signal: Sell
Current Market Cap: HK$25.85M
For a thorough assessment of 1495 stock, go to TipRanks’ Stock Analysis page.