Datang Group Holdings Limited (HK:2117) has released an update.
Datang Group Holdings Limited, a property development firm in China, is actively working on a consensus solution with creditors for its offshore indebtedness and will update shareholders on significant developments. The company’s independent forensic investigation and internal control review are in progress, with results to be disclosed soon. Meanwhile, trading of the company’s securities remains suspended since March 21, 2023, as it works to meet the resumption guidelines set by the Hong Kong Stock Exchange.
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