Skyfame Realty (Holdings) Ltd (HK:0059) has released an update.
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Skyfame Realty (Holdings) Limited has announced that the High Court of Hong Kong Special Administration Region validated the actions of the receivers and managers appointed over an indirect wholly owned subsidiary’s shares. The move comes after the company’s previous announcements regarding the non-payment of a HK$340 million loan and related interest. Shareholders and investors are cautioned to seek professional advice before trading the company’s securities.
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