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AustChina Discloses Final Director Interest After Mena Habib Resigns

Story Highlights
  • AustChina Holdings reported that director Mena Habib resigned on 31 March 2026 and disclosed his final securities interests.
  • The company detailed Habib’s substantial holdings in shares, options and performance rights, reinforcing transparency and ASX compliance for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AustChina Discloses Final Director Interest After Mena Habib Resigns

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AustChina Holdings Limited ( (AU:PXR) ) has issued an announcement.

AustChina Holdings Limited has notified the ASX that director Mena Habib ceased to be a director on 31 March 2026, triggering disclosure of his final interests in the company’s securities. The filing details that Habib directly holds 20,000,000 options and, through HH SMSF Pty Ltd as trustee for HH Super Fund, has interests in 22,000,000 ordinary shares, 20,000,000 options and 48,000,000 performance rights, clarifying his residual economic stake following his board departure.

The disclosure provides transparency for shareholders about the extent of Habib’s remaining holdings and aligns with ASX governance requirements on director interest reporting. By formally documenting these positions at the time of his exit, the company supports informed market assessment of any future trading in these securities and underscores compliance with corporate reporting obligations.

The most recent analyst rating on (AU:PXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on AustChina Holdings Limited stock, see the AU:PXR Stock Forecast page.

More about AustChina Holdings Limited

AustChina Holdings Limited, also referred to as Pacific Resources Limited in regulatory filings, is an Australian-listed company whose detailed industry focus and primary operations are not specified in this notice. The document instead centres on changes in board composition and associated securities holdings rather than outlining its products, services, or market position.

Current Market Cap: A$3.6M

Learn more about PXR stock on TipRanks’ Stock Analysis page.

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