Beximco Pharmaceuticals Limited Sponsored GDR RegS (GB:BXP) has released an update.
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Beximco Pharmaceuticals Limited has temporarily suspended trading of its shares on AIM due to a pending Supreme Court decision in Bangladesh concerning the appointment of a receiver. The suspension follows a series of legal challenges initiated by a public interest litigation, which has led to uncertainty regarding the company’s management. The court’s decision, expected soon, will determine the next steps for the company.
For further insights into GB:BXP stock, check out TipRanks’ Stock Analysis page.