IDT International Limited Faces Uncertainty After Appointment of Receiver Over Majority Shares

Reuters10-06

IDT International Limited Faces Uncertainty After Appointment of Receiver Over Majority Shares

IDT International Limited announced that it has received notice of the appointment of Mr. Lam Kwun Leung of CCTH CPA Limited as receiver over 312,432,503 shares, representing approximately 72.10% of the company's issued shares. The appointment was made by Lead Winner Investment Limited as chargee, pursuant to a share charge agreement executed by Tiger Energy Technology Company Limited. The board is currently verifying the validity of the alleged appointment and seeking legal advice on its potential impact. IDT International Limited stated that further announcements will be made as material developments arise and advised shareholders and investors to exercise caution when dealing in the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IDT International Limited published the original content used to generate this news brief on October 06, 2025, and is solely responsible for the information contained therein.

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