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Mega Genomics Advances Governance Reforms as Operations Remain Stable During Trading Suspension

Story Highlights
  • Mega Genomics’ genetic testing operations remain stable, spanning 340 cities and 25 million tests.
  • The company completed a forensic probe and submitted an internal control review to aid trading resumption.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mega Genomics Advances Governance Reforms as Operations Remain Stable During Trading Suspension

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The latest announcement is out from Mega Genomics Limited ( (HK:6667) ).

Mega Genomics Limited reported that, despite the ongoing suspension of trading in its shares, its core genetic testing and cancer screening operations in China have continued largely as normal, with extensive collaboration across over 340 cities and more than 25 million tests completed to date. The company has completed an independent forensic investigation whose findings satisfied both its Investigation Committee and Board, and it has submitted a preliminary internal control review report to the Hong Kong Stock Exchange, signaling progress toward meeting resumption requirements and addressing governance and control issues that are critical for investor confidence and potential trading reinstatement.

More about Mega Genomics Limited

Mega Genomics Limited is a leading genetic testing platform company in China, primarily providing consumer genetic testing and cancer screening services. The group collaborates with healthcare institutions in more than 340 cities nationwide and has conducted over 25 million genetic tests, indicating a broad market presence in China’s medical and consumer genomics sectors.

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.61B

Learn more about 6667 stock on TipRanks’ Stock Analysis page.

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