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North Mining Shares Co., Ltd. ( (HK:0433) ) has issued an update.
North Mining Shares Company Limited, along with its subsidiaries, is involved in a legal dispute concerning a civil judgment issued by the Shanghai Financial Court. The judgment orders Tongxin, a non-wholly owned subsidiary, to settle a debt of RMB294 million plus interest. The company is contesting the judgment and states that the litigation has not adversely affected its operations or financial stability. Stakeholders are advised to exercise caution when dealing with the company’s securities.
More about North Mining Shares Co., Ltd.
Average Trading Volume: 16,353,782
Technical Sentiment Signal: Sell
Current Market Cap: HK$437.9M
For a thorough assessment of 0433 stock, go to TipRanks’ Stock Analysis page.