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Huisen Household International Group Limited ( (HK:2127) ) has provided an announcement.
Huisen Household International Group Limited has announced updates regarding civil mediations involving Nankang Development Group and Longnan Development Co. These mediations, which were concluded in September and October 2024 respectively, were not properly disclosed as per the Listing Rules, leading to a breach. The company has taken steps to rectify this by engaging an Internal Control Consultant, who identified deficiencies in the company’s internal controls. Remedial actions are being implemented to prevent future occurrences, and the claims are not expected to impact the company’s operations or financial condition.
More about Huisen Household International Group Limited
Average Trading Volume: 11,711,791
Technical Sentiment Signal: Sell
Current Market Cap: HK$103.1M
For an in-depth examination of 2127 stock, go to TipRanks’ Stock Analysis page.