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An announcement from New Sparkle Roll International Group Limited ( (HK:0970) ) is now available.
New Sparkle Roll International Group Limited has changed its principal place of business in Hong Kong to 18/F, Ovest, 77 Wing Lok Street, Sheung Wan, effective 14 January 2026. The company also disclosed additional details on a previously announced litigation matter, explaining that it entered into a HK$4.3 million settlement deed with a loan guarantor after persistent payment defaults, evidence of the guarantor’s serious financial difficulties and multiple bankruptcy petitions, and the high uncertainty and cost of further insolvency or court proceedings; while the settlement partially recovers the outstanding debt and discharges the guarantor’s liability, the company retains the right to pursue the original borrower for the remaining balance, and has cautioned shareholders and potential investors in light of these risks.
The most recent analyst rating on (HK:0970) stock is a Hold with a HK$0.58 price target. To see the full list of analyst forecasts on New Sparkle Roll International Group Limited stock, see the HK:0970 Stock Forecast page.
More about New Sparkle Roll International Group Limited
Average Trading Volume: 2,840,597
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$278.6M
Learn more about 0970 stock on TipRanks’ Stock Analysis page.