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The latest announcement is out from Times China Holdings ( (HK:1233) ).
Times China Holdings Limited has provided an update on its action plans to address a Disclaimer of Opinion issued by its independent auditor due to uncertainties related to going concern. The company is making progress on its restructuring efforts, including holding a Scheme Meeting for creditors and seeking new financing sources. Additionally, Times China is accelerating property sales, enhancing operational efficiency, and exploring asset disposals to improve cash flow and address financial obligations.
More about Times China Holdings
Times China Holdings Limited operates in the real estate industry, focusing on property development and management. The company is engaged in the development of residential and commercial properties, primarily in urban areas, and is involved in urban redevelopment projects.
YTD Price Performance: -56.40%
Average Trading Volume: 910,318
Technical Sentiment Signal: Sell
Current Market Cap: HK$407.8M
For detailed information about 1233 stock, go to TipRanks’ Stock Analysis page.