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An announcement from Hongkong Chinese Limited ( (HK:0655) ) is now available.
Hongkong Chinese Limited announced that the General Division of the High Court of the Republic of Singapore has awarded damages of approximately S$17.7 million in favor of a bank, related to loans disbursed for purchasing flats in Singapore. The company stated that these damages will not materially affect its asset value, financial position, or results, although the final impact will be determined after an audit.
More about Hongkong Chinese Limited
Hongkong Chinese Limited is a company incorporated in Bermuda with limited liability, operating in the financial sector. It is listed on the Stock Exchange of Hong Kong and is involved in various financial operations through its subsidiaries.
YTD Price Performance: -5.26%
Average Trading Volume: 819,723
Technical Sentiment Signal: Sell
Current Market Cap: HK$539.5M
See more data about 0655 stock on TipRanks’ Stock Analysis page.