King’s Flair delays circular on Golden Well Ventures disposal; new despatch target set for 24 July 2026

Bulletin Express06-29

King’s Flair International (Holdings) Limited announced a postponement in issuing its shareholder circular related to the planned disposal of its subsidiary, Golden Well Ventures Limited—an exercise classified as both a major and connected transaction under Hong Kong Listing Rules.

The circular was initially scheduled for release within 15 business days of the 5 June 2026 announcement, with a deadline of 29 June 2026. It is expected to contain full details of the disposal agreement, recommendations from the Independent Board Committee, advice from the Independent Financial Adviser, and the notice of an extraordinary general meeting.

The board now targets despatch on or before 24 July 2026, citing the need for additional time to prepare and finalise required information.

King’s Flair’s board currently comprises two executive directors—Chairman and Executive Director Dr. Wong Siu Wah and Ms. Wong Fook Chi—and four independent non-executive directors: Professor Lau Kin Tak, Mr. Anthony Graeme Michaels, Ms. Leung Wai Ling, Wylie, and Professor Shyy Wei. The company advises shareholders and potential investors to exercise caution when dealing in its securities.

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