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Zhong Jia Guo Xin Holdings Settles Statutory Demand, Averts Winding-Up Petition

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Zhong Jia Guo Xin Holdings Settles Statutory Demand, Averts Winding-Up Petition

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An update from Asia Resources Holdings Limited ( (HK:0899) ) is now available.

Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has announced the settlement of a statutory demand related to an outstanding service fee of HK$11,123,440. The resolution of this demand means there is no longer a basis for a winding-up petition against the company, which may reassure shareholders and potential investors regarding the company’s financial stability.

The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.

More about Asia Resources Holdings Limited

Average Trading Volume: 617,233

Technical Sentiment Signal: Sell

Current Market Cap: HK$34.87M

Find detailed analytics on 0899 stock on TipRanks’ Stock Analysis page.

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