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Zhongzheng International Company Limited ( (HK:0943) ) just unveiled an announcement.
Zhongzheng International Company Limited has announced the signing of a Settlement Deed with Joyful Treasure and its guarantor to resolve outstanding payment issues related to the sale of Ample One. The agreement stipulates that the Guarantor will transfer settlement shares to Access Sino, a subsidiary of Zhongzheng, in full settlement of the claims, effectively concluding the ongoing civil proceedings. This resolution is expected to stabilize the financial operations of Zhongzheng and potentially improve its market standing by resolving the long-standing financial dispute.
More about Zhongzheng International Company Limited
Zhongzheng International Company Limited operates in the investment sector, focusing on the production and sale of organic agricultural and fertilizer products through its subsidiary, Ample One, in the People’s Republic of China.
Average Trading Volume: 999,540
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$128.2M
See more insights into 0943 stock on TipRanks’ Stock Analysis page.