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Elife Holdings Limited ( (HK:0223) ) has issued an update.
Elife Holdings Limited, a company incorporated in the Cayman Islands, announced it received an originating summons for a hearing at the High Court of Hong Kong regarding interlocutory injunctions requested by a minority shareholder. The shareholder claims that the company’s board postponed an extraordinary general meeting (EGM) improperly, breaching their fiduciary duties and corporate governance standards. The plaintiff seeks a court order to resume the EGM and prevent any further delays. The company’s trading remains suspended, and it is seeking legal advice to protect its interests.
More about Elife Holdings Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €17.58M
See more insights into 0223 stock on TipRanks’ Stock Analysis page.