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Man Sang International Considers Legal Options After Court Judgment

Story Highlights
  • Man Sang International received a court judgment related to Chongqing Kingstone’s debt repayment.
  • The company is exploring legal options and negotiating with the lender for settlement.
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Man Sang International Considers Legal Options After Court Judgment

Man Sang International ( (HK:0938) ) has shared an update.

Man Sang International Limited has received a judgment from the Chongqing Supreme Court related to ongoing legal proceedings involving Chongqing Kingstone and a lender. The court upheld a decision requiring Chongqing Kingstone to repay a debt and allowed the lender to enforce mortgage rights on a property. The company is consulting with legal advisers about possibly seeking a re-trial and continues to negotiate with the lender for an amicable settlement.

More about Man Sang International

YTD Price Performance: 10.0%

Average Trading Volume: 346

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $69.87M

For a thorough assessment of 0938 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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