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MTT Group Holdings Limited ( (HK:2350) ) has shared an announcement.
MTT Group Holdings Limited has announced that its subsidiary, Tritech Distribution Limited, is facing a winding-up petition filed by Conversant Solutions Pte Ltd due to non-repayment of outstanding invoices totaling US$45 million. The company considers the petition to be without merit and is taking legal action to oppose it, with the hearing adjourned to 13 October 2025. The company aims to resolve the issue promptly and advises shareholders and investors to exercise caution.
The most recent analyst rating on (HK:2350) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on MTT Group Holdings Limited stock, see the HK:2350 Stock Forecast page.
More about MTT Group Holdings Limited
MTT Group Holdings Limited is a company incorporated in the Cayman Islands, operating in the industry through its subsidiaries. The company focuses on providing services and products, although specific details about its primary offerings and market focus are not provided in the announcement.
Average Trading Volume: 3,198,896
Technical Sentiment Signal: Buy
Current Market Cap: HK$375M
See more data about 2350 stock on TipRanks’ Stock Analysis page.