Powerlong Real Estate Holdings Limited (1238) previously announced on 27 January 2026 an agreement relating to the disposal of certain target shares constituting a major and connected transaction. In that announcement, management indicated that a circular outlining further details, including a letter of advice from the Independent Board Committee and a notice of an Extraordinary General Meeting, would be dispatched by 20 February 2026.
According to the latest notice, additional time is required to finalize certain information. The dispatch of the circular is therefore postponed to on or before 6 March 2026. This postponement reflects the company’s need to ensure that all relevant information is included before distribution to shareholders.