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The latest announcement is out from Diwang Industrial Holdings Limited ( (HK:1950) ).
Diwang Industrial Holdings Limited has called an extraordinary general meeting in Hong Kong on 27 February 2026 to seek shareholder approval for the proposed disposal of a 24% stake in Darkblue Investment Ltd. to BlueOcean Investment (Global) Ltd. for a total consideration of RMB29.86 million. The board is asking shareholders to authorise directors to implement and, if necessary, vary the terms of the sale and purchase agreement, a move that, if approved, will adjust the company’s investment portfolio and could have implications for its capital allocation strategy and future business focus, while standard poll voting and share registration arrangements are set out for eligible investors.
The most recent analyst rating on (HK:1950) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Diwang Industrial Holdings Limited stock, see the HK:1950 Stock Forecast page.
More about Diwang Industrial Holdings Limited
Diwang Industrial Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 1950. The announcement does not specify its industry, core products or services, or market focus.
Average Trading Volume: 899,242
Technical Sentiment Signal: Sell
Current Market Cap: HK$101.5M
For an in-depth examination of 1950 stock, go to TipRanks’ Overview page.