Perennial Energy Holdings Limited (2798) announced a delay in dispatching a circular regarding its major transaction involving a proposed capital increase in the target company. The circular, originally set for delivery on or before 10 February 2026, has been postponed to allow additional time for finalizing financial and other relevant information, as well as completing the necessary vetting processes.

The company applied to the Stock Exchange for a waiver from strict compliance with Rule 14.41(a) of the Listing Rules, although the waiver has not been granted as of the announcement date. Perennial Energy Holdings Limited has already obtained written shareholders’ approval from Spring Snow Management Limited, and the circular will be provided to other shareholders for informational purposes once finalized.