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Mongolia Energy’s Subscription Agreements Approved at SGM

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Mongolia Energy’s Subscription Agreements Approved at SGM

Confident Investing Starts Here:

The latest update is out from Mongolia Energy ( (HK:0276) ).

Mongolia Energy Corporation Limited announced that the resolution regarding the Subscription Agreements was passed unanimously at the Special General Meeting held on 16 May 2025. The completion of these agreements, involving new 3% convertible notes by Golden Infinity Co., Ltd. and Chow Tai Fook Nominee Limited, is subject to certain conditions. This development could potentially impact the company’s financial structure and market positioning, with stakeholders advised to exercise caution.

More about Mongolia Energy

Mongolia Energy Corporation Limited is a company incorporated in Bermuda with limited liability, focusing on energy-related ventures. It is listed on the Hong Kong Stock Exchange under the stock code 276.

Average Trading Volume: 80,865

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$95.94M

For an in-depth examination of 0276 stock, go to TipRanks’ Stock Analysis page.

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