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Leading Holdings Group Limited ( (HK:6999) ) has provided an update.
Leading Holdings Group Limited has announced an update on its plans to improve liquidity and resolve a disclaimer of opinion by its auditors regarding the company’s going concern status. The company is negotiating with lenders for loan renewals, seeking new financing options, and implementing strategies to accelerate property sales and manage costs. However, as of the latest update, no significant progress has been made in securing new loans or reducing interest rates, and the company continues to seek opportunities to dispose of equity interests and settle outstanding litigations.
More about Leading Holdings Group Limited
Leading Holdings Group Limited is a company incorporated in the Cayman Islands, primarily involved in property development. The company focuses on real estate projects and is actively working on improving its financial position and liquidity.
Average Trading Volume: 250,166
Technical Sentiment Signal: Sell
Current Market Cap: HK$120.2M
Learn more about 6999 stock on TipRanks’ Stock Analysis page.