Century Ginwa Retail Holdings Limited (HK:0162) has released an update.
Century Ginwa Retail Holdings Limited has announced additional details on a litigation case concerning delays in the ‘Xi’an Centre’ development project, involving office buildings, service apartments, and commercial properties. The company is currently in dispute with the Project Company over delivery delays and is seeking a default penalty through legal action. The construction status is partially complete, and the company promises to update shareholders on significant legal developments.
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