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Automated Systems Holdings Limited ( (HK:0771) ) just unveiled an announcement.
Automated Systems Holdings Limited has again postponed the despatch of a shareholder circular covering a major limited guarantee transaction and a share buyback involving the disposal of an equity interest in an associate. The company intends to issue a single combined circular, but says it needs more time to finalise information and address the Hong Kong Stock Exchange’s comments.
The exchange has granted a further extension and an additional waiver from strict compliance with Rule 14.41(a) of the Listing Rules, allowing the circular to be sent on or before 30 April 2026. The approvals remove the immediate regulatory timing pressure but remain subject to possible change or withdrawal if the company’s circumstances change, leaving shareholders and potential investors alert to further delays in the transaction process.
The most recent analyst rating on (HK:0771) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Automated Systems Holdings Limited stock, see the HK:0771 Stock Forecast page.
More about Automated Systems Holdings Limited
Automated Systems Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange. It operates in the information technology and systems integration sector, providing technology solutions and services, with a controlling shareholder, Teamsun Technology (HK) Limited, holding about 67.20% of its issued share capital.
Average Trading Volume: 187,616
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$730.3M
See more data about 0771 stock on TipRanks’ Stock Analysis page.