Yongmao Holdings Faces Legal Claims Following Hong Kong Crane Accident

Tip Ranks
2025.07.11 13:42
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Yongmao Holdings Limited is facing legal claims following a tower crane accident in Hong Kong that resulted in one death and one injury. The claims allege the company failed to ensure a safe working environment. Yongmao is currently assessing these claims with legal counsel and will provide updates on significant developments. The company operates in the construction equipment industry, focusing on tower cranes for heavy lifting and material handling.

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Yongmao Holdings Limited ( (SG:BKX) ) has issued an update.

Yongmao Holdings Limited has received legal claims related to a tower crane accident in Hong Kong, involving both a deceased worker and an injured worker. The claims allege failures in ensuring a safe working environment and adequate safety precautions. The company is currently evaluating these claims with legal counsel and will provide updates on any significant developments.

More about Yongmao Holdings Limited

Yongmao Holdings Limited is a company incorporated in Singapore, operating in the construction equipment industry. The company, along with its subsidiaries, focuses on the production and distribution of tower cranes, catering to construction projects that require heavy lifting and material handling solutions.

Average Trading Volume: 6,400

Technical Sentiment Signal: Buy

Current Market Cap: S$55.91M

For detailed information about BKX stock, go to TipRanks’ Stock Analysis page.

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