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King International Investment Withdraws Winding-Up Petition

Story Highlights
  • King International Investment Limited announced the withdrawal of a winding-up petition.
  • The company plans to conduct an audit and due diligence on the disputed transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
King International Investment Withdraws Winding-Up Petition

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The latest announcement is out from Life Healthcare Group ( (HK:0928) ).

King International Investment Limited, formerly known as Life Healthcare Group Limited, announced the withdrawal of a winding-up petition filed by Mianyang Zhongshang Fule Wine Co., Ltd. The Hong Kong High Court granted leave for the petitioner to withdraw the petition, and the company plans to conduct an audit and due diligence on the disputed transaction. The company will keep shareholders and potential investors informed of any developments.

More about Life Healthcare Group

YTD Price Performance: -32.50%

Average Trading Volume: 3,989,645

Technical Sentiment Signal: Buy

Current Market Cap: HK$53.66M

See more insights into 0928 stock on TipRanks’ Stock Analysis page.

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