PT International Development Corporation Limited (HK:0372) has released an update.
PT International Development Corporation Limited is facing renewed legal challenges as Lianwei files three civil complaints seeking sizable damages and late payment fees over finance lease disputes for oil storage tanks. Despite these allegations, the Group remains confident in its defense, backed by advice from its PRC legal advisers, and is prepared to vigorously contest the claims to safeguard its interests. Shareholders and investors have been cautioned to be prudent when dealing with the Company’s securities.
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