Jinhui Wins Extension to Dispatch Circular on Major Vessel Disposal

Jinhui Holdings Co. Ltd. ( (HK:0137) ) just unveiled an announcement.

Jinhui Holdings Company Limited has announced a delay in sending to shareholders a circular relating to the previously disclosed major transaction involving the disposal of one of its vessels. The company requires more time to finalize key financial information, including working capital and indebtedness statements, to be included in the document.

The Stock Exchange of Hong Kong has granted Jinhui a waiver from strict compliance with the listing deadline rule, allowing the dispatch of the circular to be postponed to on or before 24 April 2026. The waiver is case-specific and may be withdrawn or altered if the company’s circumstances change, underscoring regulatory scrutiny over the transaction’s disclosure process.

The most recent analyst rating on (HK:0137) stock is a Hold with a HK$0.64 price target. To see the full list of analyst forecasts on Jinhui Holdings Co. Ltd. stock, see the HK:0137 Stock Forecast page.

More about Jinhui Holdings Co. Ltd.

Jinhui Holdings Company Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong, with operations organized under a board comprising executive and independent non-executive directors. The group is involved in corporate activities that include the ownership and disposal of vessels, reflecting exposure to the maritime and shipping-related asset market.

Average Trading Volume: 75,260

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$318.2M

Learn more about 0137 stock on TipRanks’ Stock Analysis page.