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Khoon Group Limited ( (HK:0924) ) has provided an announcement.
Khoon Group Limited announced that both the company and its controlling shareholder, Mr. Chen Zhi, have been subjected to sanctions by the U.S. and U.K. authorities. Despite these sanctions, the company expects no material adverse impact on its business operations as it does not operate in the U.S. or U.K. The company is seeking legal advice to understand the full implications of these sanctions and will continue to monitor the situation.
More about Khoon Group Limited
Khoon Group Limited operates primarily in Singapore and is involved in various business sectors. The company does not have business operations or assets in the U.S. or U.K.
Average Trading Volume: 361,032
Technical Sentiment Signal: Sell
Current Market Cap: HK$305M
Learn more about 0924 stock on TipRanks’ Stock Analysis page.