Tai United Holdings Clears Debts; Trading Suspended
Company Announcements

Tai United Holdings Clears Debts; Trading Suspended

Tai United Holdings (HK:0718) has released an update.

Tai United Holdings Limited has announced the full repayment of their Facility Agreement debts, resulting in the release of related securities and an end to claims from the Agent. Additionally, a subsidiary, Jinzhou Jiachi, is investigating the court-ordered withdrawal and transfer of approximately RMB1.1 million from its bank deposits. The company’s securities remain suspended from trading on The Stock Exchange of Hong Kong Limited since April 2, 2024, and investors are advised to be cautious.

For further insights into HK:0718 stock, check out TipRanks’ Stock Analysis page.

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