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Hilong Holding Limited Maintains Trading Suspension Amid Director Legal Proceedings

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Hilong Holding Limited Maintains Trading Suspension Amid Director Legal Proceedings

Hilong Holding Ltd. ( (HK:1623) ) just unveiled an update.

Hilong Holding Limited announced that trading in its shares on the Hong Kong Stock Exchange remains suspended. The announcement follows disciplinary actions involving Dr. Fan Ren Da Anthony, a non-executive director, related to his past role in another company, Hong Kong Resources Holdings. Despite ongoing legal proceedings, the board believes Dr. Fan’s ability to serve as a director is not compromised. The company advises shareholders and potential investors to exercise caution.

More about Hilong Holding Ltd.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €22.66M

For detailed information about 1623 stock, go to TipRanks’ Stock Analysis page.

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