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Man Sang International Wins Court Judgment

Man Sang International Wins Court Judgment

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

Man Sang International Limited has announced a favorable court judgment requiring Chongqing Kingstone to repay a loan with outstanding interest and allowing the lender to enforce property mortgage rights. While the judgment is pending a potential appeal, the company is consulting with legal advisers and monitoring the situation, as well as continuing negotiations for an amicable settlement and loan agreement revisions. Shareholders and potential investors are urged to exercise caution when dealing in the company’s securities.

For further insights into HK:0938 stock, check out 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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