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The latest update is out from China Oil & Gas Group ( (HK:0603) ).
China Oil and Gas Group Limited has announced a further delay in sending a shareholder circular related to a very substantial disposal and a very substantial acquisition involving a share swap agreement. The circular, originally scheduled for despatch by 22 May 2026, is now expected to be issued on or before 5 June 2026 to allow more time to prepare the required information for shareholders.
The postponement means shareholders will receive detailed information and the notice of the special general meeting later than initially planned, potentially pushing back the timetable for approving and executing the proposed transactions. The board composition remains unchanged, underscoring continuity in governance as the company proceeds with these major strategic deals.
More about China Oil & Gas Group
China Oil and Gas Group Limited is a Hong Kong‑listed energy company engaged in the oil and gas sector. The group focuses on acquiring, operating, and investing in hydrocarbon assets and related energy infrastructure, positioning itself as a player in regional energy supply and distribution markets.
Average Trading Volume: 26,284,739
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$765.4M
For detailed information about 0603 stock, go to TipRanks’ Stock Analysis page.