Strong Petrochemical Holdings Limited (HK:0852) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Strong Petrochemical Holdings Limited is facing a legal challenge as two shareholders, holding a small stake, have filed for an injunction to prevent the company from proceeding with its upcoming extraordinary general meeting. The plaintiffs claim that the resolutions proposed could violate board composition rules and potentially paralyze the company’s operations. The company is currently seeking legal advice to address the situation.
For further insights into HK:0852 stock, check out TipRanks’ Stock Analysis page.
