Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from MTT Group Holdings Limited ( (HK:2350) ).
MTT Group Holdings Limited announced that its subsidiary, Tritech, is involved in a legal dispute concerning a winding-up petition. The High Court has ordered Tritech to pay US$22.5 million into court to oppose the petition, and Tritech is seeking to appeal this order. Additionally, Tritech has initiated legal proceedings in Singapore against the petitioner, and the company is actively taking legal steps to oppose the petition. Shareholders and potential investors are advised to exercise caution.
The most recent analyst rating on (HK:2350) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on MTT Group Holdings Limited stock, see the HK:2350 Stock Forecast page.
More about MTT Group Holdings Limited
MTT Group Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates within a diverse industry, focusing on various business sectors through its subsidiaries, including Tritech.
Average Trading Volume: 2,400,330
Technical Sentiment Signal: Sell
Current Market Cap: HK$293.7M
For an in-depth examination of 2350 stock, go to TipRanks’ Overview page.