Greenheart Group (HK:0094) has released an update.
Greenheart Group Limited has announced the termination of its loss-making forestry operations in West Suriname due to adverse conditions such as economic downturn, high operational costs, and governmental challenges. The company’s decision comes after evaluating that the region’s business environment is likely to remain unfavorable. Shareholders and potential investors have been cautioned to exercise care when dealing with the company’s shares.
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