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Petro-king Oilfield Services Ltd. ( (HK:2178) ) has issued an update.
Petro-King Oilfield Services Limited has announced an extraordinary general meeting scheduled for May 8, 2025, to discuss and potentially approve a new share option scheme. This scheme would allow the company to issue new shares up to 10% of the current shares in issue, excluding treasury shares, which could impact the company’s capital structure and provide flexibility in rewarding employees or raising capital.
More about Petro-king Oilfield Services Ltd.
Petro-King Oilfield Services Limited is a company incorporated in the British Virgin Islands, operating in the oilfield services industry. The company is primarily focused on providing oilfield services, which may include drilling, exploration, and production support, with a market focus likely on regions with significant oil and gas exploration activities.
YTD Price Performance: -15.00%
Average Trading Volume: 2,589,752
Technical Sentiment Signal: Buy
Current Market Cap: HK$88.06M
Learn more about 2178 stock on TipRanks’ Stock Analysis page.