TFG International Group Limited (HK:0542) has released an update.
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TFG International Group Limited is navigating financial challenges as it restructures its obligations through a share repurchase agreement. The company aims to settle outstanding payables by transferring 41% of shares back to the vendor, allowing them to manage debt effectively amid decreased cash reserves. This strategic move reflects the company’s efforts to stabilize its financial footing amidst market fluctuations.
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