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China International Holdings Faces Legal Proceedings Over Unpaid Contractor Claims

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China International Holdings Faces Legal Proceedings Over Unpaid Contractor Claims

Elevate Your Investing Strategy:

An update from China International Holdings Limited ( (SG:BEH) ) is now available.

China International Holdings Limited, along with its subsidiaries, is involved in ongoing litigation related to unpaid amounts claimed by contractors Hubei Jingan and Hubei Guangyuan. The contractors, who previously won a court order for payment from Yichang Zeyou, are now seeking to hold CIHL Tianjin and Zhongjiaxinye responsible for the outstanding debts, as they had received properties from Yichang Zeyou. The Yichang Yiling District Court has required these subsidiaries to participate in legal proceedings as co-defendants, alongside Beijing Kaiyuan Wanjia Management Consult Co., Ltd.

More about China International Holdings Limited

Average Trading Volume: 332,130

Technical Sentiment Signal: Sell

Current Market Cap: S$3.06M

For a thorough assessment of BEH stock, go to TipRanks’ Stock Analysis page.

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