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PT International Development Corporation to Appeal Finance Lease Judgment

Story Highlights
  • PT International focuses on finance leases within the financial services industry.
  • The company will appeal a court judgment on finance lease disputes, delaying enforcement.
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PT International Development Corporation to Appeal Finance Lease Judgment

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An announcement from PT International Development Corporation Limited ( (HK:0372) ) is now available.

PT International Development Corporation Limited has received a judgment from the Shanghai Pudong New Area People’s Court regarding three civil complaints related to finance leases. The court ordered Guangming to pay Lianwei the remaining rent and legal costs for oil tank leases, while dismissing other claims. The company plans to appeal the judgment, and the enforcement of the orders will be stayed until the appeal concludes.

More about PT International Development Corporation Limited

PT International Development Corporation Limited operates in the finance industry, focusing on finance leases. The company, along with its subsidiaries, is involved in managing financial services and related operations.

Average Trading Volume: 331,585

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$53.59M

See more data about 0372 stock on TipRanks’ Stock Analysis page.

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