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PT International Development Corporation Limited Updates on Financial Position and Legal Disputes

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PT International Development Corporation Limited Updates on Financial Position and Legal Disputes

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PT International Development Corporation Limited ( (HK:0372) ) has shared an update.

PT International Development Corporation Limited has provided updates regarding the disclaimer of opinion in its annual report for the year ended 31 March 2024. The company has been actively engaging in negotiations with Guilin Bank to address liquidity pressures and improve its financial position. Additionally, the company is involved in legal disputes over sale and leaseback contracts and is seeking to resolve these through mediation. The company is also exploring additional financing options and potential asset disposals to strengthen its financial standing.

More about PT International Development Corporation Limited

PT International Development Corporation Limited operates in the financial sector, focusing on managing financial assets and engaging in negotiations related to financial agreements and disputes.

Average Trading Volume: 452,314

Technical Sentiment Signal: Sell

Current Market Cap: HK$48.44M

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