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Asia Television Holdings Faces Asset Charge Conversion and Trading Suspension

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Asia Television Holdings Faces Asset Charge Conversion and Trading Suspension

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Asia Television Holdings Limited ( (HK:0707) ) has shared an update.

Asia Television Holdings Limited has announced that the floating charges over its assets have been converted into fixed charges by the appointed Receivers. This move affects various assets including inventory, receivables, and intellectual property, and requires compliance with the Receivers’ instructions over the company’s officers or shareholders. Additionally, trading of the company’s shares on the Hong Kong Stock Exchange remains suspended, urging caution among shareholders and potential investors.

More about Asia Television Holdings Limited

Asia Television Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the television industry. The company operates in the media sector, focusing on television broadcasting and related services.

Average Trading Volume: 4,221,622

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$133.7M

See more insights into 0707 stock on TipRanks’ Stock Analysis page.

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