China International Holdings Limited (SG:BEH) has released an update.
China International Holdings Limited has updated stakeholders on the ongoing litigation process, with the first court hearing of the second instance conducted by Yichang Intermediate People’s Court on 26 March 2024. The company’s legal team presented key arguments and new facts against a plaintiff’s request to withdraw a shareholders’ resolution on dividends. The Board has committed to keeping shareholders informed on the matter, advising caution in share dealings.
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