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Leading Holdings Group Limited ( (HK:6999) ) has shared an announcement.
Leading Holdings Group Limited has provided an update on its efforts to improve liquidity and financial stability, addressing a disclaimer of opinion from its auditor regarding the company’s going concern status. The company has been negotiating with lenders for loan renewals and extensions, seeking new loans, optimizing its workforce, and accelerating property sales to enhance cash flow. Despite these efforts, the company has not yet secured new financing or identified opportunities to dispose of equity interests in project development companies. The company is also working on settling outstanding litigations and restructuring offshore senior notes.
More about Leading Holdings Group Limited
YTD Price Performance: -52.73%
Average Trading Volume: 143,181
Technical Sentiment Signal: Sell
Current Market Cap: HK$80.1M
For a thorough assessment of 6999 stock, go to TipRanks’ Stock Analysis page.