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COSCO SHIPPING Energy Delays Dispatch of Circular on New Shipbuilding Contracts

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COSCO SHIPPING Energy Delays Dispatch of Circular on New Shipbuilding Contracts

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An update from COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) is now available.

COSCO SHIPPING Energy Transportation has announced a brief delay in sending to shareholders a circular related to previously disclosed shipbuilding contracts and their associated transactions. The circular, which will include details of the contracts, recommendations from the Independent Board Committee, and advice from the Independent Financial Adviser ahead of an extraordinary general meeting, is now expected to be dispatched no later than 9 January 2026 instead of the initially planned 7 January 2026, due to additional time required to finalize the document and the advisory letter.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$12.90 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

More about COSCO SHIPPING Energy Transportation Co

COSCO SHIPPING Energy Transportation Co., Ltd. is a PRC-incorporated, Hong Kong–listed shipping company focused on energy transportation, primarily operating fleets for the seaborne carriage of oil and other energy commodities, serving both domestic and international markets.

Average Trading Volume: 25,663,251

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$66.73B

For detailed information about 1138 stock, go to TipRanks’ Stock Analysis page.

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