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King International Faces Legal Dispute Over Unauthorized Agreements

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King International Faces Legal Dispute Over Unauthorized Agreements

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Life Healthcare Group ( (HK:0928) ) has provided an update.

King International Investment Limited, formerly known as Life Healthcare Group Limited, is dealing with a legal dispute involving a winding-up petition filed by Mianyang Zhongshang Fule Wine Co., Ltd. The dispute centers around a sale of goods agreement for Kunsha Aged Liquor, with allegations against former directors for unauthorized agreements. The company is questioning the validity of these agreements and is seeking legal advice to address potential financial losses.

More about Life Healthcare Group

YTD Price Performance: -31.11%

Average Trading Volume: 4,116,531

Technical Sentiment Signal: Buy

Current Market Cap: HK$57.36M

Learn more about 0928 stock on TipRanks’ Stock Analysis page.

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