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Landrich Holding Faces Legal Dispute Over Sub-Contract Payment

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Landrich Holding Faces Legal Dispute Over Sub-Contract Payment

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Landrich Holding Limited ( (HK:2132) ) just unveiled an update.

Landrich Holding Limited announced that its subsidiary, Time Concept Construction Limited, has received a writ of summons from Nam Kwong Engineering Limited. The claim involves a payment dispute under a sub-contract agreement amounting to approximately HK$24.7 million. Time Concept disagrees with the claim and is seeking legal advice to defend its position, with further updates to be provided as developments occur.

More about Landrich Holding Limited

Landrich Holding Limited is a company incorporated in the Cayman Islands, operating in the construction industry. Its primary services include construction projects, and it focuses on engaging in sub-contract agreements through its subsidiaries.

Average Trading Volume: 1,549,882

Technical Sentiment Signal: Sell

Current Market Cap: HK$168M

For detailed information about 2132 stock, go to TipRanks’ Stock Analysis page.

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