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Zhenro Properties Group Limited ( (HK:6158) ) just unveiled an announcement.
Zhenro Properties Group Limited announced the appointment of joint liquidators for its controlling shareholder, RoYue Limited, following a court order. Despite this development, the company asserts that its operations remain unaffected and normal. However, Zhenro Properties acknowledges its inability to pay the outstanding principal amounts of its senior notes and securities, although the liquidation proceedings do not impact this financial position. Trading in the company’s shares, which was temporarily halted, is set to resume.
More about Zhenro Properties Group Limited
Zhenro Properties Group Limited is a company incorporated in the Cayman Islands, operating within the real estate industry. The company and its subsidiaries are involved in property development and management, primarily focusing on the Chinese market.
Technical Sentiment Signal: Buy
Current Market Cap: €21.45M
See more data about 6158 stock on TipRanks’ Stock Analysis page.