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China Energy Development Holdings Limited ( (HK:0228) ) has provided an update.
China Energy Development Holdings Limited has been involved in a legal dispute concerning convertible bonds, where an injunction order was issued by the High Court of Hong Kong against two defendants, prohibiting them from certain actions related to the bonds. The company has clarified that the injunction does not materially affect its operations or corporate actions, as it is not a party to the dispute and has taken steps to ensure compliance with the injunction order.
More about China Energy Development Holdings Limited
China Energy Development Holdings Limited operates in the energy sector, focusing on capital reorganization and corporate actions. The company is involved in managing convertible bonds and ensuring compliance with legal injunctions.
Average Trading Volume: 665,925
Technical Sentiment Signal: Sell
Current Market Cap: HK$413.6M
See more insights into 0228 stock on TipRanks’ Stock Analysis page.