Man Sang International (HK:0938) has released an update.
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Man Sang International Limited warns of a potential delay in publishing their 2024 Annual Results due to ongoing legal proceedings and the need to gather additional information required for the audit. The delay is attributed to uncertainties in assessing the fair value of pledged property and the impact of legal matters on the company’s financials, though it is stressed that there is no fraudulent activity involved. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.
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