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China Mining International Ltd. ( (SG:BHD) ) has issued an announcement.
China Mining International Ltd. has announced that its subsidiary, Henan Zhongnong Huasheng Agricultural Technology Co., Ltd., has received a court summons from the Xingyang People’s Court concerning a term loan repayment agreement. The company is evaluating the claims and seeking legal advice, while also considering mediation or settlement during the ongoing legal process. The potential financial impact is under assessment, and the court proceedings are expected to take at least six months.
More about China Mining International Ltd.
China Mining International Ltd. operates in the mining industry and is involved in various operations through its subsidiaries, including Henan Zhongnong Huasheng Agricultural Technology Co., Ltd. The company is listed on the Singapore Exchange Securities Trading Limited.
YTD Price Performance: -10.0%
Average Trading Volume: 1,119,408
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$14.69M
Find detailed analytics on BHD stock on TipRanks’ Stock Analysis page.