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Solis Holdings Ltd. ( (HK:2227) ) just unveiled an announcement.
Solis Holdings has obtained a waiver from strict compliance with Hong Kong Listing Rule 14.41(a), allowing more time to dispatch a shareholder circular for its major transaction involving an option for the disposal of a property. The additional time is needed to finalise an updated indebtedness statement, a property valuation report, and a working capital sufficiency letter, with the circular now required to be sent to shareholders by 26 March 2026.
The Stock Exchange granted the waiver on the condition that details and reasons be disclosed publicly, and it may change or withdraw the waiver if the company’s circumstances evolve. The decision ensures the disposal transaction process can proceed with more complete financial and valuation information for investors, while also signaling ongoing regulatory oversight and potential timing risk for shareholders and prospective investors monitoring the deal.
The most recent analyst rating on (HK:2227) stock is a Hold with a HK$0.27 price target. To see the full list of analyst forecasts on Solis Holdings Ltd. stock, see the HK:2227 Stock Forecast page.
More about Solis Holdings Ltd.
Solis Holdings Ltd. is a Hong Kong-listed company incorporated in the Cayman Islands and chaired by executive chairman Tay Yong Hua, with a board comprising executive and independent non-executive directors. The company is pursuing a major transaction involving the grant of an option for the disposal of a property asset, indicating an active approach to portfolio and capital management within its operating sector.
Average Trading Volume: 1,028,653
Technical Sentiment Signal: Buy
Current Market Cap: HK$193.2M
For an in-depth examination of 2227 stock, go to TipRanks’ Overview page.