Mayer Holdings Ltd. (HK:1116) has released an update.
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Mayer Holdings Ltd. continues to focus on its core steel-related business and urban renewal projects in China, while also expanding into nano phase change energy storage technologies. Despite an ongoing suspension of trading, the company is actively working with independent investigators and auditors to resolve issues and comply with Hong Kong Stock Exchange rules. The firm remains committed to keeping shareholders informed as it progresses towards resumption of trading.
For further insights into HK:1116 stock, check out TipRanks’ Stock Analysis page.