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Asia Television Holdings Limited ( (HK:0707) ) has provided an update.
Asia Television Holdings Limited has filed a writ of summons with the High Court of Hong Kong against several defendants, including former executives and other individuals, alleging that shares were wrongfully allotted to parties who were not truly independent. This legal action highlights potential governance issues within the company and could impact its market reputation and stakeholder trust.
More about Asia Television Holdings Limited
Asia Television Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the media and entertainment industry. It is listed on the Hong Kong Stock Exchange under the stock code 707.
Average Trading Volume: 3,114,528
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$133.7M
For a thorough assessment of 0707 stock, go to TipRanks’ Stock Analysis page.