IBO Technology Company Ltd., currently in liquidation, is making progress in its restructuring efforts. The company's shares remain suspended on the Hong Kong Stock Exchange, with trading halted since April 2024. The Liquidators have received principal restructuring terms from two potential investors, labeled as Potential Investor A and Potential Investor B. Potential Investor A has unilaterally signed the principal term sheet. Ongoing discussions are being held to finalize a definitive agreement with one of the investors. The company will continue to provide updates as developments occur. Shareholders and potential investors are advised to exercise caution and seek professional advice regarding the situation.
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. IBO Technology Company Ltd. published the original content used to generate this news brief on July 29, 2025, and is solely responsible for the information contained therein.