Ourgame International Holdings Ltd. Announces Ongoing Arbitration Over Historical Loan Recovery

Reuters
10 Jun
Ourgame International Holdings Ltd. Announces Ongoing Arbitration Over Historical Loan Recovery

Ourgame International Holdings Ltd. has announced a continued suspension of its stock trading on the Hong Kong Stock Exchange as it addresses issues related to its trading suspension and aims to comply with listing rules. The suspension began on March 28, 2024, and will remain in effect until the company fulfills all resumption guidelines. Additionally, Ourgame is involved in an arbitration case at the Hong Kong International Arbitration Center concerning the breach of the Merit Horizon Loan Agreement by Merit Horizon. This development is part of the company's efforts to recover historical loans, with further announcements to be made as developments occur. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities.

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