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KNT Holdings Delays Circular Dispatch, Revises Rights Issue Timetable

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KNT Holdings Delays Circular Dispatch, Revises Rights Issue Timetable

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The latest update is out from KNT Holdings Limited ( (HK:1025) ).

KNT Holdings Limited has announced a further delay in the dispatch of a circular related to a proposed Rights Issue, which involves issuing one rights share for every share held on the record date. The delay is due to the additional time needed to finalize the circular’s content, pushing the expected dispatch date to on or before December 4, 2025. This postponement has also led to a revision of the expected timetable for the Rights Issue, affecting key dates for shareholder actions such as lodging transfer documents and proxy forms, and attending the Extraordinary General Meeting (EGM).

The most recent analyst rating on (HK:1025) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on KNT Holdings Limited stock, see the HK:1025 Stock Forecast page.

More about KNT Holdings Limited

Average Trading Volume: 1,533,065

Technical Sentiment Signal: Sell

Current Market Cap: HK$42.86M

See more insights into 1025 stock on TipRanks’ Stock Analysis page.

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