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China Tianrui Group Cement Co., Ltd. ( (HK:1252) ) has provided an announcement.
China Tianrui Group Cement Co., Ltd. has announced that its controlling shareholder, Yu Kuo Company Limited, is involved in winding-up proceedings initiated by China Vered Securities Limited. While no winding-up order has been issued yet, Yu Kuo is in communication with the petitioner to seek an amicable resolution. The company’s board is actively monitoring the situation and advises shareholders and investors to exercise caution when dealing with its securities.
The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.
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 incorporated in the Cayman Islands.
Average Trading Volume: 33,522,376
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.28B
For an in-depth examination of 1252 stock, go to TipRanks’ Overview page.