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Legend Upstar Holdings Limited ( (HK:0459) ) just unveiled an announcement.
Legend Upstar Holdings Limited and Wealth Builder Holdings Limited have announced a delay in sending shareholders the scheme document for a proposed privatisation of Legend Upstar via a scheme of arrangement under Cayman Islands law, extending the deadline from 30 December 2025 to 29 January 2026 with the consent of the Takeovers Executive. The postponement stems from the need to accommodate the Grand Court’s schedule for a directions hearing required before convening the court meeting, and the companies caution shareholders that the privatisation remains subject to various conditions and may not proceed, urging investors to exercise care when trading the company’s securities while awaiting a detailed timetable in the forthcoming scheme document.
The most recent analyst rating on (HK:0459) stock is a Hold with a HK$0.12 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
Legend Upstar Holdings Limited is a Hong Kong–listed company incorporated in the Cayman Islands and traded under stock code 459, though the announcement does not specify its business segment, primary products or services, or market focus.
Average Trading Volume: 1,526,711
Technical Sentiment Signal: Buy
Current Market Cap: HK$218.4M
For a thorough assessment of 0459 stock, go to TipRanks’ Stock Analysis page.