Credit Intelligence Ltd (AU:CI1) has released an update.
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Credit Intelligence Ltd has announced that the legal action brought against the company by former executive Chairman/CEO Mr. Ka Sek Wong and his spouse has been dismissed by the High Court of Hong Kong. As the company navigates new cases assigned by the Official Receiver’s Office, its shares remain suspended on the ASX due to non-compliance with listing rules. The Board is monitoring the situation and plans to seek reinstatement of trading on the ASX in the future.
For further insights into AU:CI1 stock, check out TipRanks’ Stock Analysis page.