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AM Group Holdings Faces Delays in Financial Reporting Amid Trading Suspension

Story Highlights
  • AM Group Holdings provides a quarterly update on business operations and trading resumption progress.
  • The company faces delays in publishing financial results due to limited access to subsidiary documents.
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AM Group Holdings Faces Delays in Financial Reporting Amid Trading Suspension

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AM Group Holdings Limited ( (HK:1849) ) has issued an announcement.

AM Group Holdings Limited has announced a quarterly update on its business operations and the progress of its trading resumption. The company is facing delays in publishing its financial results for 2024 and 2025 due to limited access to necessary documents from its subsidiaries in the PRC, affecting its compliance with the Stock Exchange’s resumption guidance. The continued suspension of trading highlights ongoing challenges in addressing regulatory concerns and ensuring adequate internal controls.

More about AM Group Holdings Limited

Technical Sentiment Signal: Sell

Current Market Cap: HK$40M

Learn more about 1849 stock on TipRanks’ Stock Analysis page.

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