Inside information clarification announcement in relation to presentation of Liquidation application against a subsidiary of the company

Summary by 6ix AI

Geotech Holdings Ltd. has issued a clarification announcement regarding a liquidation application against its subsidiary, Praise Marble Limited, which is currently pending a decision from the BVI Court. The company clarified that a draft order has been approved to extend the time for determining the liquidation application, but this does not affect the substantive determination of the case. Trading in the company's shares has been suspended since early April and will remain so until compliance with the Stock Exchange's resumption guidance is achieved.

Written by 6ix AI from the company’s filing. How 6ix writes summaries