Xiwang Property Holdings Co., Ltd. ( (HK:2088) ) has shared an announcement.
Xiwang Property Holdings Co., Ltd. has announced a further delay in the publication of its 2024 annual results and the dispatch of its annual report due to ongoing proceedings involving a subsidiary in the PRC. The proceedings concern pledges against land use rights held by the group, and the company is working with legal advisors and auditors to assess the impact on its financial and legal position. Trading of the company’s shares remains suspended as it gathers necessary information and completes audit procedures.
More about Xiwang Property Holdings Co., Ltd.
Xiwang Property Holdings Co., Ltd. is a company incorporated in Bermuda with limited liability, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and management, with a market presence in the People’s Republic of China.
Technical Sentiment Signal: Strong Buy
Current Market Cap: €6.06M
See more data about 2088 stock on TipRanks’ Stock Analysis page.