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Boill Healthcare Faces Legal Action Over Debt

Boill Healthcare Faces Legal Action Over Debt

Boill Healthcare Holdings Limited (HK:1246) has released an update.

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Boill Healthcare Holdings Limited is embroiled in a civil debt dispute after its subsidiaries failed to repay a loan, resulting in legal action and an enforcement writ issued by the Hangzhou Intermediate People’s Court. The group, including controlling shareholders, has been ordered to pay about RMB179 million plus interest and costs. Shareholders and investors are advised to exercise caution when dealing in the company’s securities.

For further insights into HK:1246 stock, check out TipRanks’ Stock Analysis page.

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