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Guangzhou R&F Properties Faces Regulatory Warning

Guangzhou R&F Properties Faces Regulatory Warning

Guangzhou R&F Properties Co (HK:2777) has released an update.

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Guangzhou R&F Properties Co. has received a warning from the Guangdong Regulatory Bureau for not disclosing key financial issues, including overdue borrowings and being listed as a judgment defaulter. The company commits to rectifying these issues and assures that its financial operations remain unaffected. Additionally, the company has provided supplemental information on past supervisor salaries without altering previous annual reports.

For further insights into HK:2777 stock, check out TipRanks’ Stock Analysis page.

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