Qianhai Health's (HKG:0911) said the contractual dispute between its now-former step-down subsidiary Cheerwin and its supplier remained unresolved as of the date of disposal of QHH Limited, the sole owner of Cheerwin, a Friday Hong Kong bourse filing said.
The Beijing Fourth Intermediate People's Court had asked Cheerwin to produce evidence regarding the dispute between, among others, Cheerwin and its supplier on April 17, and the court hearing regarding the dispute had started back in November.
The company said that the completion will not affect its consolidated statement of profit or loss for the six months ended June 30.
The company stands to gain HK$51.8 million from the disposal and plans to use the sale proceeds for its general working capital.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。