EC World Real Estate Investment Trust (SG:BWCU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
EC World Real Estate Investment Trust has announced a positive development as the Consumption Restriction Orders against Mr. Zhang Guobiao have been lifted following a preliminary mediation plan between Unilogix Yangling, an affiliate of the Trust’s sponsor, and the Yangling Lender. With the restrictions removed, Unilogix Yangling is actively working towards a settlement with the lender. The Trust’s management assures its unitholders of further updates on this matter.
For further insights into SG:BWCU stock, check out TipRanks’ Stock Analysis page.
