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Econ Healthcare Faces Legal Challenge Over Joint Venture

Econ Healthcare Faces Legal Challenge Over Joint Venture

Econ Healthcare (Asia) Limited (SG:EHG) has released an update.

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Econ Healthcare (Asia) Limited’s subsidiary, Econ Healthcare China, is facing a court judgment in China over a disputed contract termination with joint venture partner Rongyao Changsheng. The company plans to appeal the decision and is assessing the potential financial impact, although the judgment does not affect its recent divestment of Sichuan Guangda. Investors should watch for further updates as the situation unfolds.

For further insights into SG:EHG stock, check out TipRanks’ Stock Analysis page.

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