Tianjin Pharmaceutical Da Ren Tang Group issues April update on subsidiary’s bankruptcy
SGX Filings
Apr 30
Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited announced on Apr, 30 2026 that there have been no material developments in the bankruptcy liquidation of its 55%-owned subsidiary, Tianjin Shin Poong Pharmaceutical Co., Ltd., since the previous update issued on Mar, 30 2026.
The company stated it will continue to monitor the court-supervised process, keep open communication with the administrator, and release further monthly updates as required under Rule 704(23) of the Listing Manual.
Tianjin Pharmaceutical Da Ren Tang Group also advised shareholders and potential investors to exercise caution when trading its shares.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.