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E&P Global Holdings Limited ( (HK:1142) ) has shared an announcement.
E&P Global Holdings Limited has further extended the timetable for its ongoing share placing under a general mandate, agreeing with its placing agent to push the closing date to on or before 20 February 2026 to allow more time to secure investors for the new shares. The placing price remains set at HK$0.34 per share, representing a substantial premium to both the latest closing price and recent average trading prices, and while the terms of the placing agreement are otherwise unchanged, the company has cautioned that completion is still subject to conditions and may not proceed, underscoring continued uncertainty for shareholders and potential investors around the capital-raising exercise.
The most recent analyst rating on (HK:1142) stock is a Sell with a HK$0.16 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
E&P Global Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 1142. The announcement does not specify its industry, products or services, focusing instead on its capital markets activities through share placings under a general mandate.
Average Trading Volume: 97,538,606
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.29B
For an in-depth examination of 1142 stock, go to TipRanks’ Overview page.