Hainan Meilan Airport Further Delays Circular on Connected Transactions

Hainan Meilan International Airport Company ( (HK:0357) ) has issued an update.

Hainan Meilan International Airport Company has announced a further delay in sending a shareholder circular related to framework agreements and non-exempt continuing connected transactions. The document, which will include advice from an independent financial adviser, a letter from the independent board committee, and notice of an extraordinary general meeting, is now expected to be dispatched on or before 20 May 2026, later than the previously indicated 28 April 2026, extending the timetable for shareholder review and approval procedures.

The postponement reflects the extra time needed to finalize key advisory content, underscoring the company’s focus on completing independent assessments before seeking shareholder consent. While the delay pushes back decision-making on the continuing connected transactions, it also suggests a cautious approach to governance and disclosure that may reassure some investors about the robustness of the review process.

The most recent analyst rating on (HK:0357) stock is a Sell with a HK$7.30 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

More about Hainan Meilan International Airport Company

Hainan Meilan International Airport Company Limited is a PRC-incorporated joint stock company that operates Hainan Meilan International Airport, serving as key aviation infrastructure for Hainan Province. Listed in Hong Kong, it provides airport-related services to airlines and passengers, positioning itself as a regional transportation hub within China’s civil aviation network.

Average Trading Volume: 798,581

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.87B

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