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The latest update is out from Kingland Group Holdings Limited ( (HK:1751) ).
Kingland Group Holdings Limited announced that due to the appointment of Provisional Liquidators for several Paul Y. Entities, which are customers of the Group, it expects to write off approximately HK$4.4 million in trade and retention receivables in its financial results for the year ended December 31, 2024. The company is actively monitoring the situation and may take legal action to protect its interests, advising shareholders and potential investors to exercise caution.
More about Kingland Group Holdings Limited
Kingland Group Holdings Limited is a company primarily engaged in providing concrete demolition services in Hong Kong and Macau, mainly operating as a subcontractor.
YTD Price Performance: 24.39%
Average Trading Volume: 828,206
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$123.4M
For detailed information about 1751 stock, go to TipRanks’ Stock Analysis page.