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Kam Hing International Holdings Announces Delay in Acquisition Circular Dispatch

Story Highlights
  • Kam Hing International Holdings is delaying the dispatch of an acquisition circular.
  • The Hong Kong Stock Exchange granted a waiver to extend the circular dispatch deadline to April 30, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Kam Hing International Holdings Limited ( (HK:2307) ).

Kam Hing International Holdings Limited announced a delay in the dispatch of a circular regarding its recent acquisition. The delay is due to the preparation time required for the accountants’ report of the target company and the unaudited pro forma financial information. The Stock Exchange of Hong Kong has granted a waiver to dispatch the circular by April 30, 2025, instead of the initially required timeframe. This delay in the circular may impact stakeholders’ timeline expectations for the acquisition process.

More about Kam Hing International Holdings Limited

Kam Hing International Holdings Limited is incorporated in the Cayman Islands with limited liability and is listed on the Hong Kong Stock Exchange. The company appears to be involved in an acquisition, suggesting a focus on expansion or diversification.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €13.95M

Learn more about 2307 stock on TipRanks’ Stock Analysis page.

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