Hilong Holding Ltd. (HK:1623) has released an update.
Hilong Holding Ltd., a company specializing in oil and gas drilling equipment and services, remains operational despite the ongoing suspension of its shares on the Stock Exchange. The company is currently undergoing an independent investigation and has appointed Crowe as its new auditor, with expectations to resolve outstanding financial results and audit issues by late August 2024. Trading of the company’s shares will remain suspended until compliance with the Stock Exchange’s resumption guidance, including the publication of overdue financial results.
For further insights into HK:1623 stock, check out TipRanks’ Stock Analysis page.