Carmen Century flags delays to 2025 results amid executive director vacuum

The latest update is out from China Investment Fund Company Limited ( (HK:0612) ).

Carmen Century Investment Limited has warned that it may not be able to publish its audited 2025 annual results by the 31 March deadline because its auditor, TARGET CPA Limited, will not proceed without an executive director in place, a position left vacant since two directors retired at the June 2025 annual general meeting. The lack of suitable candidates so far means the executive director issue remains unresolved, preventing the company from agreeing its 2025 financial statements with the auditor as required under Hong Kong listing rules.

As a consequence of the likely delay in finalising the audited figures, the company also expects a possible delay in dispatching its 2025 annual report to shareholders beyond the 30 April regulatory deadline. Trading in the company’s shares remains suspended, and management has indicated it will issue further announcements in due course, underscoring continuing uncertainty for investors and raising concerns over corporate governance and regulatory compliance.

The most recent analyst rating on (HK:0612) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on China Investment Fund Company Limited stock, see the HK:0612 Stock Forecast page.

More about China Investment Fund Company Limited

Carmen Century Investment Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates as an investment holding company with its activities conducted through various subsidiaries. The group’s ability to carry on its principal activities currently depends on fulfilling governance requirements, including the appointment of at least one executive director acceptable to its auditors.

Technical Sentiment Signal: Sell

Current Market Cap: HK$523.1M

For detailed information about 0612 stock, go to TipRanks’ Stock Analysis page.