Gilston Group Further Delays Circular on Major Disposal Transaction

The latest update is out from China Apex Group Ltd. ( (HK:2011) ).

Gilston Group Limited has announced a further delay in sending to shareholders a circular relating to a major transaction and connected transaction at subsidiary level involving a proposed disposal under an Equity Transfer Agreement. The circular, originally expected by 27 February 2026 and containing transaction details, valuation information and an EGM notice, is now scheduled for despatch on or before 12 March 2026 as the company needs additional time to finalise required information.

The postponement also means that completion of the disposal remains conditional on the satisfaction or waiver of specified conditions precedent, and the company cautions that the transaction may or may not proceed. Shareholders and potential investors are urged to exercise caution when dealing in the company’s shares given the uncertainty around the disposal timetable and outcome, which could affect the group’s future structure and asset mix once finalised.

The most recent analyst rating on (HK:2011) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on China Apex Group Ltd. stock, see the HK:2011 Stock Forecast page.

More about China Apex Group Ltd.

Gilston Group Limited is a Cayman Islands-incorporated company listed on the Stock Exchange of Hong Kong under stock code 2011. It operates through subsidiaries and is subject to Hong Kong Listing Rules, with a board comprising executive, non-executive and independent non-executive directors overseeing its corporate and transactional activities.

Average Trading Volume: 28,500

Technical Sentiment Signal: Buy

Current Market Cap: HK$850.3M

Learn more about 2011 stock on TipRanks’ Stock Analysis page.