tiprankstipranks
Trending News
More News >

Mega Genomics Faces Trading Suspension Amid Audit Concerns

Story Highlights
Mega Genomics Faces Trading Suspension Amid Audit Concerns

Don’t Miss TipRanks’ Half-Year Sale

Mega Genomics Limited ( (HK:6667) ) just unveiled an announcement.

Mega Genomics Limited has announced a continued suspension of trading due to issues related to revenue recognition and other audit concerns. The company has received resumption guidance from the Stock Exchange, which includes conducting an independent forensic investigation, reviewing internal controls, and publishing outstanding financial results. The company is required to address these issues to resume trading and comply with the Listing Rules.

More about Mega Genomics Limited

Mega Genomics Limited is a company incorporated in the Cayman Islands, focusing on the genetic testing kits business. The company is listed on the Stock Exchange of Hong Kong and operates within the genomics industry.

Average Trading Volume: 21,720

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.61B

For a thorough assessment of 6667 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1