Brief: Tai United Provides Onshore Bank Deposit Updates

Tai United Holdings

03/04/2024 16:10

April 3 (Reuters) - Tai United Holdings Ltd  0718.HK :
    * JINZHOU JIACHI AND GUANGZHOU RONGZHI BECAME AWARE THAT
ONSHORE
BANK DEPOSITS OF RMB7.4 MILLION AND RMB11.3 MILLION HAVE BEEN
WITHDRAWN
    * ONSHORE BANK DEPOSITS TRANSFERRED TO ACCOUNTS MAINTAINED
BY
COURT IN PRC FOR PURPOSE OF ENFORCING COURT JUDGMENTS
    * JINZHOU JIACHI RECEIVED A JUDGMENT FROM INTERMEDIATE
PEOPLE'S
COURT OF JINZHOU MUNICIPALITY, LIAONING PROVINCE
    * TRADING IN ALL SECURITIES SUSPENDED WITH EFFECT FROM 2
APRIL
    * JUDGMENT ON LITIGATION CLAIM AGAINST JINZHOU JIACHI
    * TRADING IN ALL SECURITIES WILL REMAIN SUSPENDED UNTIL
FURTHER
NOTICE
    * JUDGMENT UPHELD PREVIOUS JUDGMENT THAT JINZHOU JIACHI PAY
FORMER
SUPPLIER FOR CONSTRUCTION SERVICES RMB1.0 MILLION

Further company coverage:  0718.HK 

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