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AM Group Holdings Limited ( (HK:1849) ) has issued an announcement.
AM Group Holdings Limited has issued a supplemental announcement regarding its business operations and the progress of resumption. The company is facing delays in finalizing its 2024 financial statements due to lack of cooperation from a director and subsidiaries in China. Additionally, a subsidiary is involved in a legal dispute over an alleged cooperation agreement, which AM Group Holdings claims it was unaware of during acquisition processes. This situation affects the company’s auditing process and poses potential legal challenges.
More about AM Group Holdings Limited
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$40M
Learn more about 1849 stock on TipRanks’ Stock Analysis page.
