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Legend Upstar Holdings Limited ( (HK:0459) ) has provided an announcement.
Legend Upstar Holdings Limited has called an extraordinary general meeting of shareholders in Hong Kong on 20 February 2026 to vote on a proposed scheme of arrangement that will fundamentally alter its share capital structure. The proposal involves cancelling and extinguishing a defined class of scheme shares, followed by restoring the company’s issued share capital by issuing an equivalent number of new shares at par value to the designated offeror, with the resultant capital credit used to fully pay up those new shares; directors are also seeking authority to implement the scheme, agree to any court-imposed modifications and apply for the withdrawal of the company’s share listing from the Hong Kong Stock Exchange, signalling a potential take-private transaction with significant implications for existing shareholders and the company’s public-market status.
The most recent analyst rating on (HK:0459) stock is a Hold with a HK$0.13 price target. To see the full list of analyst forecasts on Legend Upstar Holdings Limited stock, see the HK:0459 Stock Forecast page.
More about Legend Upstar Holdings Limited
Average Trading Volume: 1,701,363
Technical Sentiment Signal: Hold
Current Market Cap: HK$216.6M
Find detailed analytics on 0459 stock on TipRanks’ Stock Analysis page.