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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.