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Tai United (0718): remember that Jinzhou shopping mall we bought from Dai Yongge?

Company announcement, 13-Feb-2023

Well it turns out that it came with a hidden CNY1.7bn bank guarantee in favour of a third party, and now the loan is in default and we're being sued for it. Mr Dai is is the controlling shareholder and former Chairman & CEO of China Dili (1387)



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