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Alpha Professional Holdings Ltd. ( (HK:0948) ) has issued an announcement.
Alpha Professional Holdings Limited has announced updates regarding arbitrations involving its subsidiaries, Alice Trading and Willis Trading. The Hong Kong High Court has granted IFC permission to enforce arbitral awards against these subsidiaries, with a window for them to contest the orders. Alice Trading has scaled down operations due to a ceased business relationship, while Willis Trading’s main asset is a mortgaged investment property. The company is seeking legal advice to protect shareholder interests, and other subsidiaries are expected to remain unaffected.
More about Alpha Professional Holdings Ltd.
Alpha Professional Holdings Limited is a company incorporated in Bermuda, operating with its subsidiaries in various sectors. The company focuses on investments and holdings, with significant assets including an investment property in New South Wales, Australia.
Average Trading Volume: 58,818
Technical Sentiment Signal: Sell
Current Market Cap: HK$76.84M
For a thorough assessment of 0948 stock, go to TipRanks’ Stock Analysis page.