China International Holds Steady Post-Litigation

China International Holdings Limited (SG:BEH) has released an update.

China International Holdings Limited has updated stakeholders on the outcome of the litigation involving the Sale Contract Dispute of a convention and exhibition center, indicating that the Beijing No. 1 Intermediate People’s Court has denied the plaintiff’s claims against the company’s subsidiary. The company’s board and management are reviewing the judgment and will advise shareholders on the implications for the company’s stock.

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