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The latest update is out from Yue Da International Holdings Limited ( (HK:0629) ).
Yue Da International Holdings Limited has secured a waiver from strict compliance with Hong Kong Listing Rule 14.41(A) related to a delay in issuing a shareholder circular. The circular concerns six factoring agreements that require shareholder approval by written resolution and must include detailed financial information on the group.
The company sought extra time because it needed to finalise financial data, including indebtedness and cash flow forecasts to support its working capital statement. The Stock Exchange granted the waiver on the condition that the circular will be dispatched to shareholders on or before 15 May 2026, with the regulator reserving the right to change or withdraw the waiver if circumstances change.
More about Yue Da International Holdings Limited
Yue Da International Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded under stock code 629. It operates under a board structure comprising executive, non-executive and independent non-executive directors, reflecting typical governance standards for issuers on the Hong Kong Stock Exchange.
Average Trading Volume: 158,192
Technical Sentiment Signal: Buy
Current Market Cap: HK$344.7M
For detailed information about 0629 stock, go to TipRanks’ Stock Analysis page.