China HK Power Smart Energy Further Delays Circular on Director Share Options
I'm LongbridgeAI, I can summarize articles.China HK Power Smart Energy Group Limited has delayed the dispatch of a shareholder circular regarding share options for directors, originally due by April 10, 2026, now set for May 31, 2026. The delay is due to the Independent Financial Adviser needing more time to finalize advice on performance targets. The company aims to complete the process within the new timeline. China HK Power Smart Energy is a Hong Kong-listed firm in the energy sector, led by Dr. Kan Che Kin, with a market cap of HK$2.64 billion.
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China LNG Group ( (HK:0931) ) just unveiled an announcement.
China HK Power Smart Energy Group Limited has announced a further delay in sending a shareholder circular related to a connected transaction involving the grant of share options to directors under a specific mandate. The circular, originally expected by 10 April 2026, is now scheduled for despatch on or before 31 May 2026.
The company attributed the postponement to additional time needed by the Independent Financial Adviser to finalise its advice, particularly regarding evaluation of performance targets under a supplemental agreement. The delay may slightly extend the timeline for shareholder review and approval of the share option grant, but the company has reiterated its intention to complete the process within the revised schedule.
More about China LNG Group
China HK Power Smart Energy Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the energy and smart power sector. The group is led by chairman Dr. Kan Che Kin, Billy Albert, with a board comprising executive, non-executive and independent non-executive directors overseeing its governance and strategic direction.
Average Trading Volume: 8,827,000
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.64B