Beximco Pharmaceuticals Limited Sponsored GDR RegS (GB:BXP) has released an update.
Beximco Pharmaceuticals Limited has temporarily suspended trading of its shares on AIM due to a pending Supreme Court decision in Bangladesh concerning the appointment of a receiver. The suspension follows a series of legal challenges initiated by a public interest litigation, which has led to uncertainty regarding the company’s management. The court’s decision, expected soon, will determine the next steps for the company.
For further insights into GB:BXP stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com