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An announcement from Times China Holdings ( (HK:1233) ) is now available.
Times China Holdings has provided a quarterly update on its action plans aimed at resolving a disclaimer of opinion issued by its independent auditor regarding the company’s financial statements for FY2024. The company is actively implementing measures to address uncertainties related to its going concern status, including restructuring its liabilities, seeking new financing sources, accelerating property sales, and enhancing operational efficiency. Recent developments include the sanctioning of a restructuring scheme by the High Court and the extension of key dates to facilitate ongoing financial restructuring efforts.
More about Times China Holdings
Times China Holdings is a company incorporated in the Cayman Islands, operating in the real estate industry. It focuses on property development and management, with a market emphasis on urban redevelopment projects and property sales.
Average Trading Volume: 2,188,518
Technical Sentiment Signal: Sell
Current Market Cap: HK$405.7M
See more insights into 1233 stock on TipRanks’ Stock Analysis page.