Tai United Holdings (HK:0718) has released an update.
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Tai United Holdings Limited has announced the full repayment of their Facility Agreement debts, resulting in the release of related securities and an end to claims from the Agent. Additionally, a subsidiary, Jinzhou Jiachi, is investigating the court-ordered withdrawal and transfer of approximately RMB1.1 million from its bank deposits. The company’s securities remain suspended from trading on The Stock Exchange of Hong Kong Limited since April 2, 2024, and investors are advised to be cautious.
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