tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LVGEM Faces Winding-Up Petition Amidst Financial Disputes

Story Highlights
LVGEM Faces Winding-Up Petition Amidst Financial Disputes

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.

LVGEM (China) Real Estate Investment Company Limited ( (HK:0095) ) has shared an update.

LVGEM (China) Real Estate Investment Company Limited announced that a winding-up petition has been filed against it by Keystone Holdings Worldwide Limited, related to financial obligations amounting to approximately US$210,000. The petition has not resulted in a winding-up order, and the company intends to oppose it, asserting that it has no adverse impact on its business operations or financial position. Stakeholders are advised to exercise caution, as any share transfers post-commencement date might be void without a High Court validation order.

More about LVGEM (China) Real Estate Investment Company Limited

LVGEM (China) Real Estate Investment Company Limited operates in the real estate sector, focusing on property development and investment. The company primarily engages in real estate projects in China, aiming to deliver high-quality developments.

YTD Price Performance: -16.67%

Average Trading Volume: 24,512,376

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$2.04B

See more insights into 0095 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1