Sunway International Holdings Limited (HK:0058) has released an update.
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Sunway International Holdings Limited announced that despite the recent legal convictions of Mr. Chim Pui Chung, the controlling shareholder, their operations remain unaffected. Wealthy Port Holdings Limited is proceeding with mandatory cash offers to acquire shares and convertible notes of Sunway. The company assures investors that these developments will not impact their daily business activities.
For further insights into HK:0058 stock, check out TipRanks’ Stock Analysis page.