China Shanshui Cement Faces Legal Battle with Tianrui

China Shanshui Cement Group (HK:0691) has released an update.

China Shanshui Cement Group faces a legal challenge as the Privy Council allows Tianrui’s appeal, permitting them to proceed with their claim against the company. Despite this development, Shanshui Cement is determined to vigorously defend itself, believing there is no reasonable basis for Tianrui’s claim. This legal battle may impact investor sentiment, making it a point of interest for those tracking the company’s stock performance.

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