Chinlink International Holdings Limited (HK:0997) has released an update.
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Chinlink International Holdings Limited is facing legal action from two bondholders over unpaid debts totaling HK$18.5 million related to 6.5% coupon bonds issued in 2019. The company is currently negotiating a settlement to resolve the outstanding principal and accrued interest. Investors are advised to remain cautious as the situation develops.
For further insights into HK:0997 stock, check out TipRanks’ Stock Analysis page.