C.banner International Holdings Ltd. (HK:1028) has released an update.
C.banner International Holdings Ltd. has announced a default on trade debt repayments by Nanjing Mayflower, as negotiations for a feasible repayment plan remain ongoing without a binding agreement. Despite the willingness to cooperate, the company is exploring legal options to enforce repayment and advises shareholders to be cautious when dealing with its securities.
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