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Sunac China Holdings ( (HK:1918) ) has issued an announcement.
Sunac China Holdings Limited has received a validation order from the High Court regarding a winding-up petition filed by China Cinda (HK) Asset Management Co., Limited. This order ensures that all transfers of the company’s shares will not be void despite the ongoing petition, providing stability and reassurance to shareholders and potential investors.
More about Sunac China Holdings
Sunac China Holdings Limited is a real estate company incorporated in the Cayman Islands, primarily engaged in property development and management. The company focuses on high-end residential and commercial properties, with a significant presence in the Chinese market.
YTD Price Performance: -2.22%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.55B
See more insights into 1918 stock on TipRanks’ Stock Analysis page.
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