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China Mining International Faces Asset Seizure in Subsidiary

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China Mining International Faces Asset Seizure in Subsidiary

Elevate Your Investing Strategy:

China Mining International Ltd. ( (SG:BHD) ) has shared an announcement.

China Mining International Ltd. announced a court-ordered seizure of fixed assets, valued at over RMB 15 million, belonging to its subsidiary Henan Zhongnong Huasheng Industrial Co., Ltd. The assets include a sorting workshop, cold storage facilities, and sorting lines for fruits and vegetables. The company plans to monitor the mediation process closely and provide updates through SGXNet, advising stakeholders to exercise caution in their dealings.

More about China Mining International Ltd.

China Mining International Ltd. operates in the mining industry and is incorporated in the Cayman Islands. The company focuses on various mining and agricultural technology services through its subsidiaries, including Henan Zhongnong Huasheng Agricultural Technology Co., Ltd.

YTD Price Performance: 10.0%

Average Trading Volume: 1,920,091

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$17.95M

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

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