AVIC Joy Holdings (HK) (HK:0260) has released an update.
AVIC Joy Holdings (HK) Limited has announced the continued suspension of trading and provided an update on their business operations, including a significant disposal transaction involving the sale of equity interests and receivables for HK$28,000,000, which requires shareholder approval. Additionally, the company is addressing an Administrative Judgment related to its land development subsidiary, AVIC Fujian, and will take further action based on legal advice.
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