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PT International Development Corporation Takes Steps to Address Financial Concerns

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PT International Development Corporation Takes Steps to Address Financial Concerns

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PT International Development Corporation Limited ( (HK:0372) ) just unveiled an announcement.

PT International Development Corporation Limited has taken several steps to address the disclaimer of opinion in its annual report for the year ended 31 March 2024, focusing on improving its financial position and mitigating liquidity pressures. These measures include ongoing negotiations with Guilin Bank to revise loan covenants, handling disputes over oil storage tank contracts, defending against a civil complaint, and exploring the disposal of fund assets when market conditions are favorable.

More about PT International Development Corporation Limited

Average Trading Volume: 313,341

Technical Sentiment Signal: Sell

Current Market Cap: HK$75.38M

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