Da Sen Holdings Further Postpones Circular for Target Company Acquisition to 5 June 2026

Bulletin Express05-29

Da Sen Holdings Group Limited (HKEX: 01580) announced a further delay in the despatch of its shareholder circular for the planned acquisition of an undisclosed target company, which involves issuing consideration shares under a specific mandate. The new deadline for sending the circular is on or before 5 June 2026, extending the previously expected date of 29 May 2026.

The company cited the need for additional time to prepare and finalise information—particularly the target company’s financial data—as the reason for the postponement.

This is the fourth deferment since the initial transaction announcement on 18 January 2026. Subsequent delay notices were released on 13 February, 13 March, 13 April and 13 May 2026.

The forthcoming circular will provide shareholders with comprehensive details on the acquisition, the underlying agreement and the proposed issuance of consideration shares.

As of 29 May 2026, Da Sen Holdings’ board comprises Executive Director Mr. Wong Ben, Non-Executive Director Dr. Leung Clara Ka-wah and Independent Non-Executive Directors Mr. Kwok Yiu Tong and Mr. Sun Yongtao (who also serves as Chairman).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment