---
title: "Legend Upstar Wins Court Approval for Privatisation and Hong Kong Delisting"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/279862091.md"
description: "Legend Upstar Holdings Limited is set to be privatized by Wealth Builder Holdings Limited through a court-sanctioned scheme, transitioning from a public company to a private entity. The Grand Court of the Cayman Islands has approved the scheme, with the delisting from the Hong Kong Stock Exchange expected on March 30, 2026. The latest analyst rating for Legend Upstar (HK:0459) is a Hold with a price target of HK$0.13. The scheme will remove its shares from public trading, marking a significant ownership shift."
datetime: "2026-03-20T00:08:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279862091.md)
  - [en](https://longbridge.com/en/news/279862091.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279862091.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/279862091.md) | [English](https://longbridge.com/en/news/279862091.md)


# Legend Upstar Wins Court Approval for Privatisation and Hong Kong Delisting

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An update from Legend Upstar Holdings Limited ( (HK:0459) ) is now available.

Legend Upstar Holdings Limited is being privatised by Wealth Builder Holdings Limited through a court-sanctioned scheme of arrangement, marking a transition from a publicly traded company on the Hong Kong Stock Exchange to a privately held entity. The move reflects a strategic shift in the company’s ownership structure and will remove its shares from access by public equity investors once the process is completed.

The Grand Court of the Cayman Islands has sanctioned the scheme of arrangement and confirmed the associated capital reduction, clearing a key legal hurdle for the privatisation. The scheme is expected to become effective on 26 March 2026, after remaining conditions continue to be fulfilled, with the company’s shares slated for delisting from the Hong Kong Stock Exchange at 4:00 p.m. on 30 March 2026, subject to the scheme taking effect.

The most recent analyst rating on (HK:0459) stock is a Hold with a HK$0.13 price target. To see the full list of analyst forecasts on Legend Upstar Holdings Limited stock, see the HK:0459 Stock Forecast page.

**More about Legend Upstar Holdings Limited**

Legend Upstar Holdings Limited is a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange under stock code 459. The company is the subject of a privatisation proposal by Wealth Builder Holdings Limited, which seeks to take it private via a scheme of arrangement under Cayman Islands law, resulting in the eventual withdrawal of its shares from public trading in Hong Kong.

**Average Trading Volume:** 3,532,053

**Technical Sentiment Signal:** Hold

**Current Market Cap:** HK$240.1M

For a thorough assessment of 0459 stock, go to TipRanks’ Stock Analysis page.

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