Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Greater Bay Area Dynamic Growth Holding Limited ( (HK:1189) ).
Greater Bay Area Dynamic Growth Holding Limited announced the withdrawal of a winding-up petition filed by Kingston Finance Limited, which alleged an unpaid loan of approximately HK$225 million. The company disputed the existence of the loan, citing unauthorized actions by a former chairman and lack of fulfillment of loan conditions. Trading of the company’s shares remains suspended as they pursue a counterclaim for funds mistakenly paid due to misrepresentation.
More about Greater Bay Area Dynamic Growth Holding Limited
Greater Bay Area Dynamic Growth Holding Limited operates in the financial sector, focusing on dynamic growth opportunities within the Greater Bay Area. The company engages in various financial services and investment activities, aiming to leverage the economic potential of this strategic region.
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$37.88M
Find detailed analytics on 1189 stock on TipRanks’ Stock Analysis page.