Starlite (STARLITE HOLD) Delays First Subscription Completion for Joint Venture, Cites Ongoing Discussions

Bulletin Express
May 15

Starlite Holdings Limited announced that the First Subscription Completion for its planned joint venture—first disclosed on 13 March 2026—has not yet occurred as of 15 May 2026.

The company attributes the delay to ongoing discussions among the joint-venture parties, who require additional time to finalize and submit certain completion deliverables. No revised completion date was provided.

Starlite stated it will issue further announcements to update shareholders and potential investors once material progress is made.

The board currently comprises five executive directors (Lam Kwong Yu, Zhao Chunyan, Poon Kwok Ching, Wong Wai Kwok and Zhong Zhitang), one non-executive director (Yeung Chui) and four independent non-executive directors (Chan Yue Kwong, Michael; Kwok Lam-Kwong, Larry, SBS, JP; Tam King Ching, Kenny; and Elizabeth Law).

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