tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China International Holdings to Appeal Court Judgment on Subsidiary Liabilities

Story Highlights
China International Holdings to Appeal Court Judgment on Subsidiary Liabilities

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

China International Holdings Limited has provided an update on a litigation case involving its subsidiaries, CIHL Tianjin and Zhongjiaxinye, following a court judgment by the Yiling District Court. The court ruled that both subsidiaries are liable for certain debts, but the company disagrees with the judgment, arguing that CIHL Tianjin should not be held responsible as it is not a shareholder of the debtor company. Consequently, the company plans to appeal the decision and will continue to monitor the situation closely, advising shareholders to exercise caution.

More about China International Holdings Limited

China International Holdings Limited is a company incorporated in Bermuda with limited liability, operating through its subsidiaries in various sectors. The company is involved in city development and asset management, with a focus on the Chinese market.

Average Trading Volume: 289,322

Technical Sentiment Signal: Sell

Current Market Cap: S$2.98M

See more data about BEH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1