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Hengyang Petrochemical Suspends Trading Amid U.S. Sanctions

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Hengyang Petrochemical Suspends Trading Amid U.S. Sanctions

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Hengyang Petrochemical Logistics Ltd. ( (SG:5PD) ) has provided an announcement.

Hengyang Petrochemical Logistics Ltd. has announced a suspension of its trading activities following its addition to the U.S. Department of Treasury’s Specially Designated Nationals List. This inclusion, which also affects its CEO and a subsidiary, may significantly impact the company’s financial and operational activities, prompting the company to seek legal advice and assess the implications for its business and stakeholders.

More about Hengyang Petrochemical Logistics Ltd.

Hengyang Petrochemical Logistics Ltd. is a Singapore-based company involved in the petrochemical logistics industry. The company, along with its subsidiaries, focuses on providing logistics services for petrochemical products.

Average Trading Volume: 100

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$18.52M

See more data about 5PD stock on TipRanks’ Stock Analysis page.

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