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Star Group Company Limited ( (HK:1560) ) has issued an announcement.
Star Group Asia Limited has obtained written approval from its controlling shareholders for a major transaction involving the disposal of properties, thereby eliminating the need to convene a physical shareholders’ meeting to approve the deal. The company is seeking a waiver from Hong Kong listing rules to extend the deadline for dispatching the shareholder circular from 6 February 2026 to no later than 27 February 2026, citing the need for additional time to finalize and incorporate more up-to-date financial information for investors, a move aimed at improving disclosure quality while slightly delaying formal documentation of the transaction.
The most recent analyst rating on (HK:1560) stock is a Hold with a HK$0.15 price target. To see the full list of analyst forecasts on Star Group Company Limited stock, see the HK:1560 Stock Forecast page.
More about Star Group Company Limited
Star Group Asia Limited is a Hong Kong-listed company incorporated in the Cayman Islands, with a controlling shareholder group led by chairman and chief executive officer Chan Man Fai Joe and Star Properties Holdings (BVI) Limited, which together hold about 68.7% of the company’s issued share capital. The board comprises executive, non-executive and independent non-executive directors, reflecting a standard governance structure for a mid-cap Hong Kong-listed property-focused group.
Average Trading Volume: 180,833
Technical Sentiment Signal: Sell
Current Market Cap: HK$84.04M
See more insights into 1560 stock on TipRanks’ Stock Analysis page.