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An announcement from China International Holdings Limited ( (SG:BEH) ) is now available.
China International Holdings Limited announced an update on its ongoing litigation involving its subsidiaries, CIHL Tianjin and Zhongjiaxinye, in the Intermediate People’s Court of Yichang City, Hubei Province. The court has rejected the subsidiaries’ appeal, upholding the lower court’s decision, which is final and unappealable. The company has stated that appropriate provisions have been made for this litigation, ensuring no material impact on the Group’s financial performance. The Board remains committed to acting in the best interests of shareholders and will provide further updates as necessary.
More about China International Holdings Limited
China International Holdings Limited is a company incorporated in Bermuda with limited liability. It operates through its subsidiaries in various sectors, focusing on city development and asset management in China.
Average Trading Volume: 247,044
Technical Sentiment Signal: Sell
Current Market Cap: S$3.61M
For an in-depth examination of BEH stock, go to TipRanks’ Overview page.