Fullshare Holdings (HK:0607) has released an update.
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Fullshare Holdings has announced that its subsidiary, China High Speed Transmission Equipment Group, is embroiled in a dispute over RMB 6.64 billion in outstanding receivables linked to commodity trading agreements. These agreements, made without board approval, are now under investigation by an independent committee. Investors are urged to exercise caution as the situation unfolds.
For further insights into HK:0607 stock, check out TipRanks’ Stock Analysis page.
