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Century Ginwa Retail Holdings Limited ( (HK:0162) ) has shared an update.
Century Ginwa Retail Holdings Limited announced a litigation case involving a civil appeal filed by a Project Company with Xi’an Intermediate People’s Court. The appeal seeks to remit the case for retrial or dismiss all claims of the Purchaser, who plans to defend the application. The company assures that the litigation will not significantly impact its ongoing operations or financial position, and any liquidated damages will be used as additional working capital.
More about Century Ginwa Retail Holdings Limited
Century Ginwa Retail Holdings Limited operates in the retail industry, focusing on managing and developing retail operations. The company is involved in various projects and has a market presence in Hong Kong.
Average Trading Volume: 367,719
Technical Sentiment Signal: Sell
Current Market Cap: HK$55.19M
For a thorough assessment of 0162 stock, go to TipRanks’ Stock Analysis page.