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Realord Group Settles Winding-Up Petition Against Subsidiary

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Realord Group Settles Winding-Up Petition Against Subsidiary

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Realord Group Holdings Limited ( (HK:1196) ) has shared an announcement.

Realord Group Holdings Limited announced the withdrawal of a winding-up petition against its subsidiary, Realord International Financial Limited (RIF), after reaching a settlement with the petitioner. The settlement involves RIF paying a total of HK$12 million in installments, including a charitable donation, leading to a joint application for the petition’s withdrawal in the High Court of Hong Kong.

The most recent analyst rating on (HK:1196) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Realord Group Holdings Limited stock, see the HK:1196 Stock Forecast page.

More about Realord Group Holdings Limited

YTD Price Performance: 59.46%

Average Trading Volume: 2,023,753

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.02B

Find detailed analytics on 1196 stock on TipRanks’ Stock Analysis page.

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