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An update from Graphex Group Limited ( (HK:6128) ) is now available.
Graphex Group Limited has issued a clarification to correct a clerical error in a previous announcement regarding the closing conditions for its option purchase agreement tied to a possible very substantial disposal of an indirect wholly owned subsidiary. The corrected clause states that closing will occur within one month of signing the definitive agreement, on the condition that the purchaser’s shares either remain quoted on the OTCQB market or are listed on a U.S. national stock exchange, broadening the acceptable trading venues for the purchaser’s stock. The company also disclosed that dispatch of a shareholder circular containing further details of the transaction, the related mandate and the extraordinary general meeting notice will be delayed from the previously indicated date of 22 December 2025 to on or before 16 January 2026, as more time is needed to finalize the information required under listing rules.
The most recent analyst rating on (HK:6128) stock is a Sell with a HK$0.22 price target. To see the full list of analyst forecasts on Graphex Group Limited stock, see the HK:6128 Stock Forecast page.
More about Graphex Group Limited
Graphex Group Limited is a Cayman Islands–incorporated company listed in Hong Kong that has entered into an option purchase arrangement involving the potential disposal of an indirect wholly owned subsidiary, a transaction characterized as a possible very substantial disposal under local listing rules.
Average Trading Volume: 5,286,403
Technical Sentiment Signal: Sell
Current Market Cap: HK$221.2M
For a thorough assessment of 6128 stock, go to TipRanks’ Stock Analysis page.