HG Semiconductor Calls January 2026 EGM to Approve Two Acquisition Deals

HG Semiconductor Limited ( (HK:6908) ) has provided an update.

HG Semiconductor Limited has called an extraordinary general meeting for 22 January 2026 in Shenzhen to seek shareholder approval for two acquisition-related resolutions involving equity issuance and debt instruments. The first resolution concerns the proposed acquisition of all issued shares in Join Gain HK Limited for HK$73.39 million, to be settled through the issuance of 146.78 million new ordinary shares, which would dilute existing shareholders but expand the group’s corporate structure. The second resolution seeks approval to acquire the sole issued share of Red Mont HK Limited for HK$40.82 million, to be satisfied by issuing an interest-bearing promissory note, signalling a willingness to use balance-sheet financing alongside equity to support its expansion. Directors are also seeking broad authority to implement, complete and make non-material amendments to both agreements and related instruments, providing management with operational flexibility once shareholder approval is obtained.

The most recent analyst rating on (HK:6908) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on HG Semiconductor Limited stock, see the HK:6908 Stock Forecast page.

More about HG Semiconductor Limited

HG Semiconductor Limited is a Hong Kong-listed company incorporated in the Cayman Islands and engaged in the semiconductor sector, operating from facilities including its premises in Shenzhen’s Nanshan District, a major technology hub in mainland China. The group focuses on developing and expanding its semiconductor-related businesses through corporate transactions and investments in subsidiaries and related entities within the broader electronics and technology ecosystem.

Average Trading Volume: 1,505,341

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$450.6M

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