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Asia Television Holdings Clarifies Financial Dealings and Continues Trading Suspension

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Asia Television Holdings Clarifies Financial Dealings and Continues Trading Suspension

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Asia Television Holdings Limited ( (HK:0707) ) just unveiled an update.

Asia Television Holdings Limited announced a supplemental clarification regarding its financial dealings with CPL Group, which recorded a net loss and net liabilities as of December 2024. The company expects a gain from the disposal of CPL Group, which will result in the cessation of its involvement in certain business activities. Additionally, the company clarified an error in a previous announcement regarding bond principal amounts and noted the continued suspension of its trading shares on the Hong Kong Stock Exchange.

More about Asia Television Holdings Limited

Asia Television Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the processing, printing, and sales of finished fabrics, subcontracting services, and the trading of fabric and clothing.

Average Trading Volume: 4,485,313

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$133.7M

Find detailed analytics on 0707 stock on TipRanks’ Stock Analysis page.

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