Shaw Brothers Updates Market on Pending CMC Moon Acquisition and Regulatory Delay
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Shaw Brothers Holdings Limited (HK:0953) announced it is conducting due diligence on CMC Moon Holdings Limited for a potential acquisition. The company is preparing financial information and a valuation report while awaiting regulatory approvals in China. The dispatch of the shareholder circular has been delayed to June 30, 2026, with no conditions for completion yet satisfied. The board warned that the transaction may or may not proceed and will provide updates as required. The current analyst rating for Shaw Brothers stock is a Hold with a price target of HK$0.35.
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