HG Semiconductor Further Delays Circular on Connected Acquisition

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

HG Semiconductor Limited has announced a further delay in sending to shareholders a circular related to its previously disclosed acquisition of certain target companies, a transaction categorized as both discloseable and connected under Hong Kong listing rules. The circular, which will contain details of the acquisition agreements, independent board and financial adviser opinions, valuation information, and notice of an extraordinary general meeting, is now expected to be dispatched on or before 9 January 2026, indicating a modest extension to the transaction timetable and a short-term wait for shareholders seeking full documentation and advisory views on the proposed deal.

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 semiconductor company incorporated in the Cayman Islands, engaged in the development and production of semiconductor-related businesses, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 6908.

Average Trading Volume: 1,662,384

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$431.9M

For detailed information about 6908 stock, go to TipRanks’ Stock Analysis page.