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Pak Tak International Limited ( (HK:2668) ) has issued an announcement.
Pak Tak International Limited is actively implementing measures to resolve its going concern issue, including restructuring defaulted bank borrowings and securing financial support from its substantial shareholder. The company is also focusing on collecting receivables, evaluating additional banking facilities, and developing its new iron ore mining segment to improve liquidity and ensure long-term profitability.
More about Pak Tak International Limited
Pak Tak International Limited is a company incorporated in Bermuda, focusing on the iron ore mining and processing industry. The company is working to enhance its operational capacity and efficiency in this sector, aiming to generate sustainable profitability and positive cash flow.
Average Trading Volume: 21,287,031
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.1B
Learn more about 2668 stock on TipRanks’ Stock Analysis page.