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Longhui International Faces Delays Amid Allegations and Trading Suspension

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Longhui International Faces Delays Amid Allegations and Trading Suspension

Elevate Your Investing Strategy:

Longhui International Holdings Ltd. ( (HK:1007) ) has provided an announcement.

Longhui International Holdings Ltd. has announced a delay in the publication of its annual results for the year ended December 31, 2024, due to allegations against some directors and the controlling shareholder concerning operational and internal control matters. An investigation committee has been formed to look into these allegations, and the publication of the annual results will be postponed until the investigation is completed. This delay has resulted in the postponement of the board meeting and the suspension of trading of the company’s securities on the Hong Kong Stock Exchange.

More about Longhui International Holdings Ltd.

YTD Price Performance: -30.0%

Average Trading Volume: 2,716,599

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$13.27M

Learn more about 1007 stock on TipRanks’ Stock Analysis page.

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