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S-Enjoy Service Group Faces Delays Amid Financial Investigation

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An update from S-Enjoy Service Group Co., Ltd. ( (HK:1755) ) is now available.

S-Enjoy Service Group Co., Ltd. has announced a delay in the publication of its 2024 Annual Results and Report, alongside the postponement of a board meeting and continued suspension of trading. This delay is attributed to the discovery of unapproved fund transfers with connected persons during an audit, leading to inconsistencies in financial statements. In response, the company has established an independent investigation committee to thoroughly examine these fund transfers and related discrepancies, aiming to ensure transparency and accountability in its financial practices.

The most recent analyst rating on (HK:1755) stock is a Hold with a HK$2.80 price target. To see the full list of analyst forecasts on S-Enjoy Service Group Co., Ltd. stock, see the HK:1755 Stock Forecast page.

More about S-Enjoy Service Group Co., Ltd.

S-Enjoy Service Group Co., Ltd. is a company incorporated in the Cayman Islands, operating with its subsidiaries in the service industry. The company is listed on the Hong Kong Stock Exchange and is involved in providing various services, although specific services and market focus are not detailed in the announcement.

Average Trading Volume: 1,105,017

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.44B

Find detailed analytics on 1755 stock on TipRanks’ Stock Analysis page.

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