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China Shanshui Cement Group’s Legal Allegations Dismissed

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China Shanshui Cement Group’s Legal Allegations Dismissed

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China Shanshui Cement Group ( (HK:0691) ) has shared an announcement.

China Shanshui Cement Group Limited announced the dismissal of legal allegations against its former directors and associated companies, following a trial concerning breaches of fiduciary duties and unlawful means conspiracy. The judgment, delivered by Justice Coleman, highlighted issues with the impartiality of certain receivers involved, impacting the company’s internal governance dynamics.

More about China Shanshui Cement Group

China Shanshui Cement Group Limited operates in the construction materials industry, primarily focusing on the production and sale of cement and related products. The company is a significant player in the Chinese market, contributing to infrastructure development and construction projects.

Average Trading Volume: 262,146

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$2.18B

For an in-depth examination of 0691 stock, go to TipRanks’ Stock Analysis page.

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