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China Tianrui Group Cement Co., Ltd. ( (HK:1252) ) has shared an announcement.
China Tianrui Group Cement Co., Ltd. announced that its controlling shareholder, Tianrui Group, has received a court order freezing its share capital due to a civil dispute. This freezing affects the shares held by Mr. Li Liufa and Ms. Li Fengluan, preventing any transfer or dividend distribution for three years. Despite this, the company states that the freezing will not impact its operations or corporate governance, as it is unrelated to the company’s business activities. The board will monitor the situation and provide updates as necessary.
More about China Tianrui Group Cement Co., Ltd.
China Tianrui Group Cement Co., Ltd. operates in the cement industry, focusing on the production and distribution of cement products. The company is listed on the Hong Kong Stock Exchange and is primarily involved in the manufacturing of cement, which is a critical component in construction and infrastructure projects.
Average Trading Volume: 27,184,842
Technical Sentiment Signal: Sell
Current Market Cap: HK$909.6M
See more data about 1252 stock on TipRanks’ Stock Analysis page.