CA Cultural Tech Reports Restructuring Progress

CA Cultural Technology Group Ltd. (HK:1566) has released an update.

CA Cultural Technology Group Ltd. has informed shareholders of significant developments in its ongoing restructuring process, including court-sanctioned creditor schemes and negotiations to alleviate liquidity pressures. The company is also finalizing regulatory submissions and responses, which has led to a delay in the circular dispatch to shareholders. Further updates will be provided in accordance with the Takeovers Code.

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