Sandmartin Further Delays Circular on Capital Reorganisation and Rights Issue

Sandmartin International Holdings Limited ( (HK:0482) ) just unveiled an update.

Sandmartin International Holdings Limited has announced a further delay in sending a shareholder circular related to a proposed capital reorganisation and a non-underwritten rights issue of one rights share for every one adjusted share held on the record date. The circular, which will detail the capital reorganisation, the rights issue structure, recommendations from the independent board committee, and advice from an independent financial adviser, is now expected to be dispatched on or before 16 January 2026, instead of 26 December 2025, as the company needs more time to finalise the information and is considering revising the rights issue structure. As the capital reorganisation is intended to be implemented together with the rights issue, their timetables will be postponed in tandem, and the company plans to issue further announcements on any revised structure and schedule, while cautioning shareholders and potential investors that both the capital reorganisation and the rights issue remain conditional and may or may not proceed.

The most recent analyst rating on (HK:0482) stock is a Hold with a HK$0.07 price target. To see the full list of analyst forecasts on Sandmartin International Holdings Limited stock, see the HK:0482 Stock Forecast page.

More about Sandmartin International Holdings Limited

Sandmartin International Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 482. The group operates in the broader investment and corporate holdings space and raises capital through equity market transactions such as capital reorganisations and rights issues to support its strategic and financial objectives.

Average Trading Volume: 440,256

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$92.28M

For detailed information about 0482 stock, go to TipRanks’ Stock Analysis page.