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An announcement from Superactive Group Company Limited ( (HK:0176) ) is now available.
Superactive Group Company Limited has provided a supplemental update on its fundraising plan as it works toward meeting resumption guidance for trading its shares on the Hong Kong Stock Exchange. With its shares suspended since 1 April 2025, the company states that equity-based financing is currently not feasible and it is therefore seeking a smaller loan to pay auditors and professional advisers as a quicker, more convenient means of short-term funding. The board indicates that once trading resumes and regulatory conditions are met, the company expects to pursue larger-scale financing options to alleviate its liquidity shortage, while warning shareholders and potential investors to exercise caution as the suspension of trading remains in place until further notice.
More about Superactive Group Company Limited
Superactive Group Company Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange, operating through a group structure, though the specific industry and products are not disclosed in the announcement. The company’s operations and access to capital markets are currently constrained due to the prolonged suspension of trading in its shares since April 2025.
Technical Sentiment Signal: Sell
Current Market Cap: HK$26.42M
Learn more about 0176 stock on TipRanks’ Stock Analysis page.