NOVA Group Holdings Navigates Post-Pandemic Challenges

NOVA Group Holdings Ltd. (HK:1360) has released an update.

NOVA Group Holdings Ltd., a company engaged in cultural, entertainment, and financial services, has faced challenges due to the COVID-19 pandemic’s impact on consumer businesses, particularly in its loan operations. Despite the challenging environment, the Group has launched new clubbing operations in Hong Kong and begun wholesaling and distribution of wine, creating new revenue streams and improving its financial position. The company’s shares remain suspended from trading, as it works on meeting resumption guidance following a disclaimer of opinion from its auditor.

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