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LET Group Holdings Provides Quarterly Business Update Amidst Geopolitical Challenges

Story Highlights
  • LET Group Holdings maintains stable operations and progresses with its hotel casino project.
  • The company faces challenges in Russia and seeks to divest non-core assets in Japan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LET Group Holdings Provides Quarterly Business Update Amidst Geopolitical Challenges

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Suncity Group Holdings ( (HK:1383) ) has shared an announcement.

LET Group Holdings Limited, a company listed on the Hong Kong Stock Exchange, has provided a quarterly update on its business operations and resumption status. The company’s operations remain stable, with ongoing construction of a hotel casino in the Philippines, while facing challenges in Russia due to geopolitical tensions. The company is also looking to divest its non-core property development businesses in Japan to improve cash flow. The resumption guidance remains unchanged, focusing on regulatory integrity, financial reporting, corporate governance, and disclosure requirements.

More about Suncity Group Holdings

Current Market Cap: HK$298.3M

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