Superactive Group Company Limited (HK:0176) has released an update.
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Superactive Group Company Limited has released supplemental information to their 2023 Annual Report, addressing the auditor’s disclaimer of opinion regarding financial uncertainties and outlining the company’s strategies to ensure continued operations. The directors are optimistic about negotiating debt extensions, securing new financing, and leveraging assets to maintain sufficient cash flow. These actions aim to affirm the company’s ability to operate on a going concern basis despite the auditor’s reservations.
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