HongKong Chinese Limited has announced that the General Division of the High Court of the Republic of Singapore has awarded damages amounting to approximately S$17.7 million in favor of a bank involved in litigation over loan disbursements. The case, which was initially highlighted in a joint announcement with Lippo Limited, involves loans provided by the bank to independent third-party customers for purchasing flats at Marina Collection, Sentosa, Singapore. Despite the court ruling, HongKong Chinese Limited asserts that the financial impact on the Group's asset value and financial position will not be materially adverse. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.
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。