Shanghai XNG Delays Circular on Very Substantial Disposal
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Shanghai XNG Holdings Limited has delayed the dispatch of a shareholder circular regarding its planned disposal of a 100% equity interest in a target company, now set for on or before 17 March 2026, instead of the previously expected 24 February 2026. This delay extends uncertainty for investors awaiting details of the transaction and the extraordinary general meeting. The board's composition remains unchanged, indicating continuity in governance. The latest analyst rating for the stock (HK:3666) is a Hold with a price target of HK$0.04.
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