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One Media Group Wins Waiver to Delay Circular on Major MKC Share Disposal

Story Highlights
  • One Media Group obtained a waiver to delay issuing its circular on the disposal of 12 million MKC shares.
  • The circular must now be dispatched by 21 April 2026, with the waiver subject to possible change by the Stock Exchange.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
One Media Group Wins Waiver to Delay Circular on Major MKC Share Disposal

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One Media Group Limited ( (HK:0426) ) has shared an announcement.

One Media Group has secured a waiver from strict compliance with Hong Kong Listing Rule 14.41(a), allowing extra time to issue a shareholder circular on a major transaction involving the disposal of 12,000,000 MKC shares. The company cited the need to finalise its indebtedness statement and working capital sufficiency statement, and must now dispatch the circular by 21 April 2026, with the Stock Exchange retaining the right to change or withdraw the waiver if circumstances change.

The delay in circular despatch pushes back the formal disclosure timetable for the disposal transaction but keeps the deal on track under regulatory oversight. Shareholders and potential investors are alerted that the timing and conditions of the transaction’s documentation remain subject to the Stock Exchange’s discretion, underscoring the importance of the company’s financial disclosures to the approval process.

The most recent analyst rating on (HK:0426) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on One Media Group Limited stock, see the HK:0426 Stock Forecast page.

More about One Media Group Limited

One Media Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board under stock code 426. The group operates in the media sector, and its board comprises executive, non-executive and independent non-executive directors overseeing its strategic and regulatory affairs.

Average Trading Volume: 1,511,425

Technical Sentiment Signal: Hold

Current Market Cap: HK$42.9M

For detailed information about 0426 stock, go to TipRanks’ Stock Analysis page.

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