Great Harvest Maeta Holdings Limited (3683) released updates on efforts to address the disclaimer of opinion presented in the annual report for the year ended 31 March 2025. According to the announcement dated 26 November 2025, multiple initiatives have been pursued to improve the financial position and liquidity of the Group.
Recent measures include negotiations with the bondholder to explore alternative settlement proposals, which involve possible asset realization. In addition, a deed of funding undertakings signed on 30 September 2025 allows the Group to request funding support from Ablaze Rich, Mr. Yan, and Ms. Lam within 24 months, though no loans have been taken out so far. Discussions with banks and other financial institutions to secure additional financing or refinancing options also remain ongoing. Meanwhile, enhancements in the chartering business continue, with an emphasis on improving operational efficiencies and optimizing cash flows.
Further updates on actions taken to resolve the disclaimer of opinion will be provided every three months until the matter is resolved.