Automated Systems Wins Waiver to Delay Circular on Business Disposal and Guarantee

Automated Systems Holdings Limited ( (HK:0771) ) has issued an announcement.

Automated Systems Holdings Limited has announced a delay in sending to shareholders a circular relating to the disposal of its security authentication business and the provision of a limited guarantee, after obtaining written approval for the guarantee from its controlling shareholder, removing the need for a shareholders’ meeting. The company has secured a waiver from strict compliance with Hong Kong Listing Rule 14.41(a), extending the deadline for despatch of the circular from 30 January 2026 to on or before 31 March 2026, as it needs more time to prepare indebtedness information and a working capital sufficiency confirmation, with the stock exchange retaining the right to change or withdraw the waiver if circumstances change.

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, incorporated in Bermuda and listed in Hong Kong, operates under the control of Beijing Teamsun through its wholly owned subsidiary Teamsun Technology (HK) Limited, which holds approximately 67.43% of the company’s issued share capital. The group is in the process of disposing of its security authentication business and related provision of a limited guarantee as part of its strategic restructuring.

Average Trading Volume: 144,160

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$744.5M

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