hmvod Ltd. Announces Measures to Address Auditor's Disclaimer on FY2024 Financial Statements

Reuters

06-06

hmvod Ltd. Announces Measures to Address Auditor's Disclaimer on FY2024 Financial Statements

**hmvod Ltd. Addresses Accounting Concerns in 2024 Annual Report** Hong Kong, June 28, 2024 - hmvod Limited has taken steps to address the disclaimer of opinion expressed by its auditor regarding the company's consolidated financial statements for the fiscal year ended March 31, 2024. The disclaimer was primarily related to concerns over the company's ability to continue as a going concern. Since the approval of the annual report, hmvod Ltd. has actively negotiated with lenders to extend repayment terms and sought new financing. Notably, a settlement agreement with Grand Harbour Finance Limited was reached on May 9, 2025, which resulted in the withdrawal of a winding-up petition against the company on May 21, 2025. These measures aim to alleviate liquidity pressures and strengthen the group's financial position.

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. hmvod Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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Announces Measures to Address Auditor's Disclaimer on FY2024 Financial Statements\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-06 18:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      hmvod Ltd. Announces Measures to Address Auditor's Disclaimer on FY2024 Financial Statements\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        **hmvod Ltd. 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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. hmvod Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1128","symbol_name":"电影和娱乐","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL9lCQWc:1","article_id":"2541561288","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541561288","pubTimestamp":1749204877,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"**hmvod Ltd. Addresses Accounting Concerns in 2024 Annual Report** Hong Kong, June 28, 2024 - hmvod Limited has taken steps to address the disclaimer of opinion expressed by its auditor regarding the company's consolidated financial statements for the fiscal year ended March 31, 2024. The disclaimer was primarily related to concerns over the company's ability to continue as a going concern. Since the approval of the annual report, hmvod Ltd. has actively negotiated with lenders to extend repayment terms and sought new financing. Notably, a settlement agreement with Grand Harbour Finance Limited was reached on May 9, 2025, which resulted in the withdrawal of a winding-up petition against the company on May 21, 2025. These measures aim to alleviate liquidity pressures and strengthen the group's financial position.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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