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Skyfame Realty (Holdings) Ltd ( (HK:0059) ) has shared an update.
Skyfame Realty (Holdings) Limited has announced a quarterly update on its resumption progress and the continued suspension of trading. The company is facing challenges due to a high level of debt and a narrow income base, compounded by management and staff resignations. The board is working to locate necessary records and change authorized signatories for bank operations, which is delaying the preparation of the 2024 Annual Results. Meanwhile, the Hong Kong winding-up petition has been withdrawn, and the Bermuda court hearing for the winding-up petition has been adjourned to July 2025.
More about Skyfame Realty (Holdings) Ltd
Skyfame Realty (Holdings) Limited operates in the real estate industry, focusing on property development, property investment, property management, and providing commercial services at youth community projects.
Average Trading Volume: 3,618,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$84.46M
For detailed information about 0059 stock, go to TipRanks’ Stock Analysis page.