Universe Entertainment and Culture Group Company Limited (HK:1046) 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
Universe Entertainment and Culture Group Limited triumphed in court against SoftMedx Healthcare Limited, with the High Court of Hong Kong dismissing the appeal and awarding the company a significant sum in outstanding loans and interest. The Court also ruled in favor of Universe Entertainment by striking out a counterclaim and ordering costs to be paid to the company and its associates. This legal victory secures the company’s claim of over HK$16 million, reinforcing its financial position and signaling a robust defense against allegations of misrepresentation.
For further insights into HK:1046 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue