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The latest update is out from Strong Petrochemical Holdings Limited ( (HK:0852) ).
Strong Petrochemical Holdings Limited recently faced significant issues during their Extraordinary General Meeting (EGM) on December 27, 2024. The meeting was adjourned by the Chairman, Mr. Deng Heng, to resolve voting representation issues related to Forever Winner International Limited (FWIL), a major shareholder. Legal proceedings have since been initiated by Mr. Wang Jian Sheng, who claims the EGM continued with him as chairman, and that the removal of all directors except himself was valid. Consequently, Speed Success Group Limited, owned by Mr. Wang, has filed a lawsuit disputing the EGM’s proceedings.
More about Strong Petrochemical Holdings Limited
YTD Price Performance: 10.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €44.13M
Find detailed analytics on 0852 stock on TipRanks’ Stock Analysis page.
