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Jiyi Holdings Updates on Resumption and Financial Strategies Amid Trading Suspension

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Jiyi Holdings Updates on Resumption and Financial Strategies Amid Trading Suspension

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Jiyi Holdings Limited ( (HK:1495) ) has provided an announcement.

Jiyi Holdings Limited, listed on the Hong Kong Stock Exchange, has provided an update on its resumption progress and continued suspension of trading. The company has settled outstanding wages related to a winding-up petition filed by Mr. Lo Wai Siu, which is expected to be dismissed by the High Court. Additionally, Jiyi Holdings has addressed the auditor’s disclaimer of opinion by formulating action plans to improve liquidity, including a repayment plan for bank borrowings and securing loan facilities with independent lenders.

More about Jiyi Holdings Limited

Technical Sentiment Signal: Sell

Current Market Cap: HK$25.85M

For detailed information about 1495 stock, go to TipRanks’ Stock Analysis page.

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