Da Sen Holdings Further Delays Circular on Major Share-Financed Acquisition

Da Sen Holdings Group Ltd ( (HK:1580) ) just unveiled an announcement.

Da Sen Holdings Group Ltd has again postponed the despatch of a shareholder circular relating to a major acquisition of a target company to be paid partly in consideration shares under a specific mandate. The circular, which will provide further details of the acquisition and related agreement, is now expected to be sent on or before 29 May 2026, as the company needs additional time to prepare and finalise the target’s financial information, extending the timetable for investors seeking clarity on the transaction.

The delay follows previous announcements setting earlier expected despatch dates, underscoring ongoing work to complete required disclosures for the deal. While the transaction terms remain unchanged in this notice, the revised schedule may affect the timing of shareholder review and approval processes for the planned acquisition and equity issuance.

More about Da Sen Holdings Group Ltd

Da Sen Holdings Group Ltd, incorporated in the Cayman Islands and listed in Hong Kong under stock code 1580, is governed by a board comprising executive, non-executive and independent non-executive directors. The company operates as a listed holding group, though the announcement does not specify its core business lines or primary operating industry.

Average Trading Volume: 411,406

Technical Sentiment Signal: Buy

Current Market Cap: HK$410.9M

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