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Guangzhou R&F Properties Sees Dismissal of Subsidiaries’ Winding-Up Petitions

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Guangzhou R&F Properties Sees Dismissal of Subsidiaries’ Winding-Up Petitions

Guangzhou R&F Properties Co ( (HK:2777) ) has shared an update.

Guangzhou R&F Properties Co., Ltd. announced the dismissal of winding-up petitions against its subsidiaries, Trillion Glory and R&F (HK), by the High Court. This development marks a positive turn for the company, potentially stabilizing its financial standing and reassuring stakeholders amidst previous legal challenges.

More about Guangzhou R&F Properties Co

Guangzhou R&F Properties Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and management, catering to various market segments.

YTD Price Performance: -12.65%

Technical Sentiment Signal: Buy

Current Market Cap: $521M

See more data about 2777 stock on TipRanks’ Stock Analysis page.

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