tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

E&P Global Clarifies Directors’ Confirmations in Ongoing Legal Action

Story Highlights
  • E&P Global detailed which directors provided specific confirmations tied to its global settlement and legal action.
  • The company reiterated a warning for shareholders and potential investors to exercise caution when trading its shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
E&P Global Clarifies Directors’ Confirmations in Ongoing Legal Action

Claim 50% Off TipRanks Premium

E&P Global Holdings Limited ( (HK:1142) ) has shared an update.

E&P Global Holdings Limited has issued a supplemental inside information announcement clarifying which board members provided various confirmations connected to an ongoing legal action and a previously disclosed global settlement agreement. The company specified that certain confirmations were given by directors in office at the date of the global settlement agreement, while another category of confirmations came from directors in office at the commencement of the action, and it reiterated a cautionary note to shareholders and potential investors regarding trading in its shares amid these developments.

The most recent analyst rating on (HK:1142) stock is a Sell with a HK$0.31 price target. To see the full list of analyst forecasts on E&P Global Holdings Limited stock, see the HK:1142 Stock Forecast page.

More about E&P Global Holdings Limited

Average Trading Volume: 71,554,317

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.94B

For detailed information about 1142 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1