Wai Hung Group Holdings Ltd. is facing an accounting issue after its auditor issued a disclaimer of opinion on the company’s consolidated financial statements for the year ended 31 December 2024. The disclaimer was due to significant uncertainties regarding the Group’s ability to continue as a going concern, including its net loss position, limited financial resources, and default on repayment of bank loans. In response, the company has announced various measures to improve its liquidity and financial position, including restructuring bank borrowings, generating cash inflow from ongoing projects, and exploring equity fund raising.

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