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Zhong Jia Guo Xin Holdings Faces Statutory Demand for HK$11 Million

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Zhong Jia Guo Xin Holdings Faces Statutory Demand for HK$11 Million

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Asia Resources Holdings Limited ( (HK:0899) ) has shared an update.

Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda and listed on the Hong Kong Stock Exchange, has received a statutory demand from a creditor demanding payment of HK$11,123,440. This demand relates to outstanding service fees under agreements between the company and the creditor. The company is currently seeking legal advice on the matter and warns shareholders and potential investors to exercise caution when dealing with its shares due to the potential for a winding-up petition if the demand is not satisfied.

More about Asia Resources Holdings Limited

Average Trading Volume: 600,977

Technical Sentiment Signal: Sell

Current Market Cap: HK$92M

See more data about 0899 stock on TipRanks’ Stock Analysis page.

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