Zensun Enterprises Limited has provided a quarterly update on its efforts to address the Disclaimer of Opinion on its financial statements. The announcement, made by the company's Board of Directors, highlights several strategic measures being undertaken. The company has not received any acceleration notice regarding the 2025 Notes, indicating a stable financial position in this regard. Zensun is actively seeking funding opportunities and implementing strategies to boost operational income. Internally, the company has consistently enforced measures to control administrative costs and limit unnecessary capital expenditures, which aim to alleviate liquidity pressures and support ongoing operations. Additionally, Zensun is negotiating with contractors to establish repayment schedules or settlement arrangements for outstanding construction fees. The Board is committed to continuing the implementation of these plans to resolve the uncertainties concerning the going concern basis of the company's financial statements. Further announcements will be made as necessary to keep stakeholders informed of the progress.
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