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The latest update is out from Jinhui Holdings Co. Ltd. ( (HK:0137) ).
Jinhui Holdings has delayed the despatch of a shareholder circular for a previously announced major transaction involving the disposal of a vessel. The company said it needs more time to prepare and finalise key financial information for inclusion in the document, including working capital and indebtedness statements.
The Hong Kong Stock Exchange has granted Jinhui a waiver from strict compliance with the original deadline, allowing the circular to be sent no later than 24 April 2026 instead of 15 April. The waiver is specific to this case and may be withdrawn or changed if the company’s circumstances change, highlighting regulatory oversight of the transaction process for investors and other stakeholders.
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. The group is engaged in corporate activities that include owning and operating assets such as vessels, and it is subject to the major transaction and circular despatch requirements under Hong Kong Listing Rules.
YTD Price Performance: -10.29%
Average Trading Volume: 72,272
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$323.5M
For a thorough assessment of 0137 stock, go to TipRanks’ Stock Analysis page.