Ying Li International Real Estate Limited (SG:5DM) has released an update.
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Ying Li International Real Estate Limited is embroiled in ongoing legal disputes as a new civil complaint has been filed against the company and its subsidiaries by Plaintiff Fang Ming in the Chongqing No. 5 Intermediate People’s Court. The complaint alleges disagreements over the consideration of a sale and seeks restitution and compensation for alleged losses. This development follows a series of judgments and appeals involving the company’s controlling shareholder, China Everbright Limited.
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