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E&P Global Holdings Faces Legal Challenge Over Alleged Settlement Agreement

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E&P Global Holdings Faces Legal Challenge Over Alleged Settlement Agreement

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E&P Global Holdings Limited ( (HK:1142) ) has provided an announcement.

E&P Global Holdings Limited is currently involved in litigation as a defendant, following a writ of summons filed by Daily Loyal Limited alleging a breach of a global settlement agreement. The company’s board is actively investigating the matter, having received confirmations from directors that no such agreement was authorized or known. The board is working with legal advisers to address the claims and protect the company’s interests, while keeping stakeholders informed of 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

E&P Global Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the financial sector and is listed on the Stock Exchange of Hong Kong. The company’s primary focus is on managing its group of subsidiaries.

Average Trading Volume: 59,814,069

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.03B

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

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