Receipt of nasdaq notification regarding minimum bid price deficiency

Hong kong, march 14, 2025 (globe newswire) -- primega group holdings limited (nasdaq: pghl) (the “company”) announced that, on march 12, 2025, the company received a letter from the listing qualifications staff of the nasdaq stock market (“nasdaq”) notifying the company that based on the closing bid price of the company for the period from january 28, 2025 to march 11, 2025, the company no longer meets the continued listing requirement of nasdaq under nasdaq listing rules 5550(a)(2), to maintain a minimum bid price of $1 per share. the notification has no immediate effect on the listing of the company's ordinary shares.
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