--- title: "Prosper Construction Delays Dispatch of Circular on Major Acquisition" type: "News" locale: "en" url: "https://longbridge.com/en/news/273102210.md" description: "Prosper Construction Holdings Limited (HK:6816) has announced a delay in dispatching a shareholder circular regarding a major acquisition. The circular, which will include acquisition details and a notice for an extraordinary general meeting, is now expected to be sent by February 6, 2026. The company indicated that this is a procedural setback but progress continues toward completing the transaction and obtaining shareholder approval. The current analyst rating for HK:6816 is a Hold with a price target of HK$0.20." datetime: "2026-01-20T14:46:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273102210.md) - [en](https://longbridge.com/en/news/273102210.md) - [zh-HK](https://longbridge.com/zh-HK/news/273102210.md) --- # Prosper Construction Delays Dispatch of Circular on Major Acquisition ### Claim 50% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Prosper Construction Holdings Limited ( (HK:6816) ) has shared an announcement. Prosper Construction Holdings Limited has announced a delay in sending a shareholder circular related to the rectification of a previously announced major acquisition. The circular, which will include details of the acquisition, required listing information and the notice of an extraordinary general meeting, is now expected to be dispatched on or before 6 February 2026, with the company indicating that further announcements will be made, signaling a brief procedural setback but continued progress toward completing the transaction and securing shareholder approval. The most recent analyst rating on (HK:6816) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on Prosper Construction Holdings Limited stock, see the HK:6816 Stock Forecast page. **More about Prosper Construction Holdings Limited** Prosper Construction Holdings Limited is a Hong Kong-listed company in the construction sector, focusing on construction-related services and operating through a board comprising executive and independent non-executive directors based in Hong Kong and the Cayman Islands corporate structure. **Average Trading Volume:** 66,148 **Technical Sentiment Signal:** Hold **Current Market Cap:** HK$161.6M ### Related Stocks - [06816.HK](https://longbridge.com/en/quote/06816.HK.md) ## Related News & Research - [Prosper Construction Delays Dispatch of Circular on Major Acquisition](https://longbridge.com/en/news/287713870.md) - [Prosper Construction Delays Circular on Rectified Major Acquisition](https://longbridge.com/en/news/282629019.md) - [A Look At China Communications Construction (SEHK:1800) Valuation After Board‑Approved Capital Reduction Proposal](https://longbridge.com/en/news/289275859.md) - [Prosper Construction Formalizes Terms of Reference for Nomination Committee](https://longbridge.com/en/news/282633208.md) - [ZAWYA: Saudi awarded projects soared in May](https://longbridge.com/en/news/289154913.md)