Glory Sun Land Group Updates on Trading Resumption Efforts
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Glory Sun Land Group Limited (HK:0299) has provided a quarterly update on its efforts to resume trading on the Hong Kong Stock Exchange after a suspension due to financial uncertainties. The company is negotiating with lenders to address defaulted borrowings and bonds while maintaining communication with stakeholders to avoid asset liquidation. The firm operates in the real estate sector, focusing on property development and investment in Hong Kong and Mainland China. Current market cap is HK$11.58M, with a technical sentiment signal of 'Sell'.
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