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EPI (Holdings) Calls March SGM to Approve Major Rights Issue

Story Highlights
  • EPI (Holdings) has convened a March 2026 SGM to seek approval for a sizeable rights issue to existing shareholders at HK$0.16 per share.
  • The company will rely on a best-effort underwriting by GLAM Capital and broad director authority to execute the capital-raising plan and manage excluded shareholders.
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EPI (Holdings) Calls March SGM to Approve Major Rights Issue

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EPI (Holdings) Limited ( (HK:0689) ) has issued an announcement.

EPI (Holdings) Limited has called a special general meeting for 6 March 2026 in Hong Kong, asking shareholders to approve a rights issue of up to 1,238,487,808 new shares at HK$0.16 each on the basis of two rights shares for every one existing share. The offer will be made to qualifying shareholders on the record date, with certain overseas investors excluded where legal or regulatory constraints apply.

The company is also seeking approval for an underwriting agreement with GLAM Capital Limited, which will underwrite the rights shares on a best-effort basis to support completion of the fundraising. Directors are to be given broad authority to allot and issue the new shares, handle exclusions and other arrangements for non-qualifying shareholders, and execute all necessary documents to implement the rights issue and related transactions.

The most recent analyst rating on (HK:0689) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on EPI (Holdings) Limited stock, see the HK:0689 Stock Forecast page.

More about EPI (Holdings) Limited

EPI (Holdings) Limited is a Bermuda-incorporated company listed in Hong Kong under stock code 689. The announcement concerns its capital structure and fundraising activities via a proposed rights issue to existing shareholders in the Hong Kong market.

Average Trading Volume: 1,830,745

Technical Sentiment Signal: Sell

Current Market Cap: HK$116.4M

Find detailed analytics on 0689 stock on TipRanks’ Stock Analysis page.

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