Asia Television Holdings JPL Application Dismissed Amid Trading Suspension

Reuters10-28
Asia Television Holdings JPL Application Dismissed Amid Trading Suspension

Asia Television Holdings Limited announced that the Grand Court in the Cayman Islands has dismissed the company's application for the appointment of joint provisional liquidators. The company stated that this decision is not expected to have any material adverse effect on its financial position or normal operations. Trading in the company's shares remains suspended until further notice, and shareholders are advised to exercise caution when dealing in the securities. The company will seek legal advice regarding the court's decision and will provide further updates as appropriate.

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