CHINA HONGGUANG Appoints Ligo as Financial Advisor for Potential Board Transfer

Stock News

Jun 12

CHINA HONGGUANG (ASX: 08646) has announced the formal appointment of Ligo Corporate Finance Limited as its financial advisor concerning a potential board transfer. The company entered into a formal financial advisory engagement letter with Ligo on June 12, 2026.

The advisor's role will involve providing professional counsel on the feasibility and proposed timeline for the potential transfer. This appointment represents a significant step forward in the strategic process related to the possible move.

As of the announcement date, the potential board transfer remains in its preliminary stages. The company has not yet submitted a formal application to the stock exchange regarding this matter.

Moving forward, the company plans to continue seeking professional advice from other consultants and relevant institutions associated with the potential transfer. This ongoing consultation aims to confirm the eligibility and suitability for the transfer and to evaluate the feasibility of meeting all necessary conditions.

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