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King International Addresses Allegations and Ensures Compliance

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King International Addresses Allegations and Ensures Compliance

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Life Healthcare Group ( (HK:0928) ) just unveiled an announcement.

King International Investment Limited, formerly known as Life Healthcare Group Limited, is addressing potential allegations against a former executive director and a non-executive director related to unauthorized agreements and transactions. The company has implemented remedial measures, including seeking legal advice and suspending the non-executive director, to mitigate any potential impact on its operations and financial position. Despite the petition for winding up being withdrawn, the company is taking steps to ensure compliance and protect its interests.

More about Life Healthcare Group

YTD Price Performance: -27.50%

Average Trading Volume: 4,131,247

Technical Sentiment Signal: Buy

Current Market Cap: HK$59.21M

For a thorough assessment of 0928 stock, go to TipRanks’ Stock Analysis page.

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