Lum Chang Holdings Limited (SG:L19) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Lum Chang Holdings Limited has informed stakeholders that Mr. Ong has been given an option to settle litigation through a composition fine, with a follow-up scheduled for July 9, 2024. Additionally, the company has announced that the legal proceedings involving its subsidiary LCBC will go to trial, promising to keep the market apprised of significant updates.
For further insights into SG:L19 stock, check out TipRanks’ Stock Analysis page.