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An update from China Tontine Wines Group ( (HK:0389) ) is now available.
China Tontine Wines Group Limited announced unauthorized transfers of entire equity interests in Ji An Yaluo Wine Estate and Tontine Green to Shuangfei Grape Wine without the board’s approval. The company is currently assessing the impact of these transfers on its operations and financial position, while seeking legal advice to address the situation.
More about China Tontine Wines Group
China Tontine Wines Group Limited operates in the wine industry, specializing in the manufacture and sale of wine products and the processing of grape juice. Additionally, it engages in grape plantation through its subsidiary, Tontine Green, which owns vineyards.
YTD Price Performance: 1.43%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.67M
See more data about 0389 stock on TipRanks’ Stock Analysis page.