Graphex Group Calls EGM to Approve Option for US$100 Million Disposal

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2026.01.29 09:41
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Graphex Group Limited has announced an extraordinary general meeting (EGM) on March 20, 2026, to seek shareholder approval for a proposed US$100 million disposal of its interest in Graphex Technologies LLC. The meeting will address an Option Purchase Agreement with M2i Global, Inc. for the acquisition of 100% of Graphex Technologies. If approved, this transaction could significantly impact the group's asset portfolio and capital structure. The current analyst rating for Graphex Group Limited (HK:6128) is a Sell, with a price target of HK$0.26.