High Court Dismisses Winding-Up Petition Against China Tianrui’s Controlling Shareholder
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The High Court has dismissed a winding-up petition against Yu Kuo, the controlling shareholder of China Tianrui Group Cement Co., Ltd. This decision alleviates potential financial distress concerns for the company, allowing it to continue operations without the threat of shareholder instability. The latest analyst rating for the company's stock is a Hold with a target price of HK$0.50.
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