Silver Grant International Faces Auditor's Disclaimer Over Financial Uncertainties in 2024 Report

Reuters

Jun 30

Silver Grant International Faces Auditor's Disclaimer Over Financial Uncertainties in 2024 Report

Silver Grant International Holdings Group Ltd. has announced a disclaimer of opinion on its consolidated financial statements for the year ended December 31, 2024, due to multiple uncertainties related to its going concern status. The company's auditor's disclaimer highlights concerns over the Group's ability to continue operations without interruption. In response, Silver Grant has devised plans and measures to manage its working capital and improve its financial position. Among these measures, the Group has secured an agreement in principle to refinance an existing loan of approximately RMB960 million, extending it to 2027 and reducing the interest rate by one-third. The company is in the process of executing the relevant documents and will continue to provide updates on its efforts to address the financial uncertainties.

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. Silver Grant International Holdings Group Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The company's auditor's disclaimer highlights concerns over the Group's ability to continue operations without interruption. In response, Silver Grant has devised plans and measures to manage its working capital and improve its financial position. Among these measures, the Group has secured an agreement in principle to refinance an existing loan of approximately RMB960 million, extending it to 2027 and reducing the interest rate by one-third. The company is in the process of executing the relevant documents and will continue to provide updates on its efforts to address the financial uncertainties.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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The company's auditor's disclaimer highlights concerns over the Group's ability to continue operations without interruption. In response, Silver Grant has devised plans and measures to manage its working capital and improve its financial position. Among these measures, the Group has secured an agreement in principle to refinance an existing loan of approximately RMB960 million, extending it to 2027 and reducing the interest rate by one-third. The company is in the process of executing the relevant documents and will continue to provide updates on its efforts to address the financial uncertainties.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely informati","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00171":"银建国际","BK1229":"房地产经营公司","BK1258":"房地产运营公司"},"translate_title":"Silver Grant International在2024年报告中面临审计师对财务不确定性的免责声明","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00171":0.9},"content_text":"Silver Grant International Faces Auditor's Disclaimer Over Financial Uncertainties in 2024 Report\n    \n\n        Silver Grant International Holdings Group Ltd. has announced a disclaimer of opinion on its consolidated financial statements for the year ended December 31, 2024, due to multiple uncertainties related to its going concern status. The company's auditor's disclaimer highlights concerns over the Group's ability to continue operations without interruption. In response, Silver Grant has devised plans and measures to manage its working capital and improve its financial position. 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