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An update from Tai United Holdings ( (HK:0718) ) is now available.
Tai United Holdings Limited has announced an update regarding a litigation claim against its subsidiary, Anyang Jiangchuan. The Beiguan District People’s Court of Anyang Municipality has issued an enforcement notice and a disclosure order, requiring Anyang Jiangchuan to pay approximately RMB3.9 million plus accrued interest to a former supplier for construction services. The company is in discussions with the court and the supplier to negotiate settlement terms, including possible installment payments. Shareholders and investors are advised to exercise caution when dealing with the company’s securities.
More about Tai United Holdings
Average Trading Volume: 2,747,704
Technical Sentiment Signal: Buy
Current Market Cap: HK$252M
See more insights into 0718 stock on TipRanks’ Stock Analysis page.