---
title: "ZO Future Group Wins Second Waiver for Delayed Disposal Circular"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273511798.md"
description: "ZO Future Group has received a second waiver from the Stock Exchange of Hong Kong, extending the deadline for sending a shareholder circular regarding the disposal of a non-wholly-owned subsidiary to April 24, 2026. This delay follows a previous postponement and highlights the regulatory scrutiny involved in the transaction. The company needs additional time to incorporate requested information and update its financial statements. The latest analyst rating for Birmingham Sports Holdings Limited (HK:2309) is a Sell with a price target of HK$2.00."
datetime: "2026-01-23T11:39:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273511798.md)
  - [en](https://longbridge.com/en/news/273511798.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273511798.md)
---

# 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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