Platt Nera Addresses Non-Compliance in Securities Transactions
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Platt Nera International Limited (HK:1949) has announced a supplemental update regarding non-compliance with disclosure requirements for securities transactions. Errors in internal criteria led to oversight in several transactions. The company is taking remedial actions, including hiring an external legal advisor for compliance training. The current analyst rating for HK:1949 is a Hold with a price target of HK$0.50. The company's market cap is HK$165.1M with an average trading volume of 5,532,782 shares.
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