tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Next-Gen Commerce and Supply Chain Sets 2026 AGM, Seeks Fresh Share-Issue Mandate

Story Highlights
China Next-Gen Commerce and Supply Chain Sets 2026 AGM, Seeks Fresh Share-Issue Mandate

Claim 50% Off TipRanks Premium

S&T Holdings Ltd. ( (HK:3928) ) has shared an update.

China Next-Gen Commerce and Supply Chain Limited has called its annual general meeting for 18 March 2026 in Hong Kong, where shareholders will vote on the adoption of the audited financial statements for the year ended 30 September 2025, the re-election of two executive directors and three independent non-executive directors, and the authorisation of the board to set directors’ remuneration. Investors will also be asked to approve the re-appointment of HLB Hodgson Impey Cheng Limited as auditor and a general mandate allowing the board to issue up to 20% of the company’s issued share capital (excluding treasury shares), a move that would give management greater flexibility for future equity fundraising, capital management and potential strategic transactions, while potentially diluting existing shareholders if fully exercised.

The most recent analyst rating on (HK:3928) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on S&T Holdings Ltd. stock, see the HK:3928 Stock Forecast page.

More about S&T Holdings Ltd.

China Next-Gen Commerce and Supply Chain Limited is a Cayman Islands–incorporated company listed in Hong Kong, operating in the commerce and supply chain sector. The group focuses on next-generation commercial solutions and logistics-related services, leveraging its Hong Kong base to serve customers in Greater China and related regional markets.

Average Trading Volume: 458,018

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.22B

Learn more about 3928 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1