Star Group Asia Limited (1560) has announced an application for a waiver from strict compliance with Rule 14.41(a) of the Listing Rules in relation to a major transaction involving the disposal of properties. According to the announcement dated 6 February 2026, the company originally intended to dispatch a circular on or before 6 February 2026, but additional time is required to finalize information.
The major transaction was approved by written consent from key shareholders, including Mr. Chan Man Fai Joe and Star Properties Holdings (BVI) Limited, who collectively hold approximately 68.7% of the company’s issued share capital. Consequently, a physical shareholders’ meeting will not be held. The company has applied to the Stock Exchange to extend the dispatch deadline for the circular to a date not later than 27 February 2026, providing shareholders with the latest financial information by that time.