Sheen Tai Holdings Group Co. Ltd. (HK:1335) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Sheen Tai Holdings Group Co. Ltd. has announced that a borrower has defaulted on a loan repayment, amounting to approximately RMB44,990,000 including interest. The company is taking legal action to recover the outstanding amount, although it assures that the default does not impact its working capital. Investors are advised to be cautious when dealing with the company’s securities.
For further insights into HK:1335 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue