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The latest update is out from Alpha Professional Holdings Ltd. ( (HK:0948) ).
Alpha Professional Holdings Limited, through its subsidiaries, is involved in a legal dispute with Bubs Australia Limited regarding outstanding debts. The Australian Centre for International Commercial Arbitration has ruled against Alpha Professional’s subsidiaries, Willis Trading Limited and Alice Trading Limited, leading to a reassessment of trade payables and receivables totaling AUD5.7 million and AUD3.6 million, respectively. The decision has resulted in a scale-down of operations for these subsidiaries, although other subsidiaries remain unaffected. The company plans to keep shareholders informed about further developments.
More about Alpha Professional Holdings Ltd.
YTD Price Performance: 43.18%
Average Trading Volume: 23,874
Technical Sentiment Signal: Hold
Current Market Cap: HK$110M
See more insights into 0948 stock on TipRanks’ Stock Analysis page.