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Jianzhong Construction Development Limited ( (HK:0589) ) has issued an update.
Jianzhong Construction Development Limited has announced the establishment of an independent investigation committee in response to an auditor’s request during the audit of its 2023 Annual Results. The committee will investigate related party transactions and the use of third-party bank accounts in the company’s operations. Trading of the company’s shares remains suspended until further notice, pending the fulfillment of resumption guidance.
More about Jianzhong Construction Development Limited
Jianzhong Construction Development Limited is a company incorporated in the Cayman Islands, primarily involved in the construction industry. The company, along with its subsidiaries, operates with a focus on construction development and related services.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$118.7M
For a thorough assessment of 0589 stock, go to TipRanks’ Stock Analysis page.