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ZO Future Group Wins Second Waiver for Delayed Disposal Circular

Story Highlights
  • ZO Future Group has again delayed its shareholder circular on disposing a non-wholly-owned subsidiary.
  • The company secured a second Stock Exchange waiver, extending the circular dispatch deadline to April 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ZO Future Group Wins Second Waiver for Delayed Disposal Circular

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An update from Birmingham Sports Holdings Limited ( (HK:2309) ) is now available.

ZO Future Group has announced a further delay in sending a shareholder circular relating to the disposal of one of its non-wholly-owned subsidiaries, after previously postponing the document beyond the original Listing Rules deadline. The company has obtained a second waiver from the Stock Exchange of Hong Kong, extending the deadline to dispatch the circular to 24 April 2026, as it needs more time to incorporate additional information requested by the exchange and to update its working capital and indebtedness statements, underscoring the regulatory scrutiny and procedural complexity surrounding the disposal transaction and its implications for shareholders.

The most recent analyst rating on (HK:2309) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Birmingham Sports Holdings Limited stock, see the HK:2309 Stock Forecast page.

More about Birmingham Sports Holdings Limited

ZO Future Group is a Hong Kong-listed company whose shares trade on the Main Board of the Stock Exchange of Hong Kong. The group operates through a portfolio of subsidiaries and maintains ongoing compliance obligations under the Hong Kong Listing Rules as it pursues corporate transactions such as disposals of non-wholly-owned subsidiaries.

Average Trading Volume: 2,908,470

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.94B

Find detailed analytics on 2309 stock on TipRanks’ Stock Analysis page.

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