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Asia-Pacific Strategic Investments Limited ( (SG:5RA) ) has issued an update.
Asia-Pacific Strategic Investments Limited announced that its subsidiary, Huzhou Dixi Gengdu Ecological Agriculture Development Co., Ltd, has been named as a third party in a legal proceeding in China. The case involves a compensation claim of RMB95,040,000 against the Nanxun District Government by Champ Crown International Investment Limited. Although Huzhou Dixi is not a defendant, the outcome may affect its legal rights, but the company does not anticipate any material impact on its operations or financial position.
More about Asia-Pacific Strategic Investments Limited
Asia-Pacific Strategic Investments Limited, incorporated in Singapore, operates in the ecological agriculture development sector through its subsidiaries, focusing on projects like the Phoenix Island National Ecological Civilization Demonstration Zone in China.
Current Market Cap: S$17.83M
See more insights into 5RA stock on TipRanks’ Stock Analysis page.