BRIEF-Teamway International Says Unit Received Enforcement Order Issued By People's Court

Reuters

2025/08/21

Aug 21 (Reuters) - Teamway International Group Holdings Ltd 1239.HK:

UNIT RECEIVED ENFORCEMENT ORDER DATED 12 AUGUST ISSUED BY PEOPLE'S COURT OF LUOJIANG DISTRICT, DEYANG CITY
ORDER CONFIRMED THAT LAND, 4 BUILDINGS OF UNIT WAS SOLD BY AUCTION ON COURT ORDER FOR RMB11.7 MILLION
PROCEEDS FROM AUCTION SALE OF PLEDGED PROPERTY WILL BE USED TO REPAY OUTSTANDING PRINCIPAL AMOUNT LOAN OF RMB6 MILLION

Further company coverage: 1239.HK

((Reuters.Briefs@thomsonreuters.com;))

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