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TGIF Moo-ers! As we enter into the weekend, it’s time to take stock of what has been a whirlwind week. From the ‘Trump Trade’ to a rotation out of tech to a selloff in the three major US stock indexes, concerns appear to be growing around the longevity of the current bull market run.
The CBOE Market Volatility I...
TGIF Moo-ers! As we enter into the weekend, it’s time to take stock of what has been a whirlwind week. From the ‘Trump Trade’ to a rotation out of tech to a selloff in the three major US stock indexes, concerns appear to be growing around the longevity of the current bull market run.
The CBOE Market Volatility I...
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Stock prices plummeted and rose yesterday, and the collection responded that “it may be due to acquisitions of customers in arrears”
(KUALA LUMPUR 18th) Yesterday it plummeted by more than 22% $SYNERGY(0279.MY$Today, in response to an Unusual Trading Activity Inquiry (UMA) issued by Bursa Malaysia, it refers to the news that an American customer, Hillsdale Furniture (HF), has been acquired, or the reason for the change in its stock price.
Citing news published on the HomeNewsSnow.com website on July 2, Shengerji said that its customer HF has been acquired by Thai board manufacturer Green River Group (Green River Group), and that the relevant acquisition only includes HF's assets, not including liabilities.
In response, Shengerji pointed out that HF still owes it about 2.9 million US dollars (about 13.53 million ringgit) in terms of furniture transactions this year.
“We are still evaluating the impact of this debt on our company, and are also exploring various options to recover this debt as much as possible.”
Shengerji also emphasized that even if HF is acquired, the company can maintain most of its furniture sales with the former through the Green River Group.
“We promise to protect the interests of shareholders and will update shareholders on any important developments relating to the above events in accordance with the relevant provisions of the listing regulations.”
In addition to the above news, Shengerji said that they are unaware of other company developments or market rumors that may cause changes in stock prices...
(KUALA LUMPUR 18th) Yesterday it plummeted by more than 22% $SYNERGY(0279.MY$Today, in response to an Unusual Trading Activity Inquiry (UMA) issued by Bursa Malaysia, it refers to the news that an American customer, Hillsdale Furniture (HF), has been acquired, or the reason for the change in its stock price.
Citing news published on the HomeNewsSnow.com website on July 2, Shengerji said that its customer HF has been acquired by Thai board manufacturer Green River Group (Green River Group), and that the relevant acquisition only includes HF's assets, not including liabilities.
In response, Shengerji pointed out that HF still owes it about 2.9 million US dollars (about 13.53 million ringgit) in terms of furniture transactions this year.
“We are still evaluating the impact of this debt on our company, and are also exploring various options to recover this debt as much as possible.”
Shengerji also emphasized that even if HF is acquired, the company can maintain most of its furniture sales with the former through the Green River Group.
“We promise to protect the interests of shareholders and will update shareholders on any important developments relating to the above events in accordance with the relevant provisions of the listing regulations.”
In addition to the above news, Shengerji said that they are unaware of other company developments or market rumors that may cause changes in stock prices...
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