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Zhuguang Holdings Group Co., Ltd. ( (HK:1176) ) has provided an update.
Independent shareholders of Zhuguang Holdings Group Company Limited have approved, by a substantial majority, an ordinary resolution related to a sale and purchase (SP) Agreement and its related transactions at a special general meeting held on 15 January 2026. With the controlling shareholder and its associates abstaining as required under listing rules, the resolution received 99.78% of votes cast by independent shareholders, effectively ratifying the SP Agreement and authorising directors to take all necessary actions to implement it, thereby clearing a key shareholder approval hurdle for the transaction and reinforcing compliance with Hong Kong listing governance requirements.
The most recent analyst rating on (HK:1176) stock is a Sell with a HK$0.04 price target. To see the full list of analyst forecasts on Zhuguang Holdings Group Co., Ltd. stock, see the HK:1176 Stock Forecast page.
More about Zhuguang Holdings Group Co., Ltd.
Zhuguang Holdings Group Company Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 1176. The announcement does not specify its industry, products, or services, but it operates with a controlling shareholder holding a majority stake and is governed by a board comprising six executive directors and three independent non-executive directors.
Average Trading Volume: 1,875,251
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$407.1M
For a thorough assessment of 1176 stock, go to TipRanks’ Stock Analysis page.