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An announcement from E&P Global Holdings Limited ( (HK:1142) ) is now available.
E&P Global Holdings Limited has extended the timetable for its ongoing share placement under a general mandate, giving its placing agent until 15 January 2026 to secure investors for the new shares, beyond the original expiry date of 18 December 2025. Under the supplemental agreement, all other terms of the placing remain unchanged, including the issue price of HK$0.34 per share, which is set at a substantial premium to both the latest closing price and the recent five-day average, while the company warns that completion is still subject to conditions and may not proceed, signaling continued fundraising efforts but lingering execution risk for shareholders and potential investors.
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
E&P Global Holdings Limited is a company incorporated in the Cayman Islands and listed on the Main Board of the Hong Kong Stock Exchange under stock code 1142. The announcement identifies it as a holding company with a board comprising executive and independent non-executive directors, but does not specify its industry, core products, or main business activities.
Average Trading Volume: 65,697,378
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.06B
See more data about 1142 stock on TipRanks’ Stock Analysis page.