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An update from E&P Global Holdings Limited ( (HK:1142) ) is now available.
E&P Global Holdings Limited has announced that there is no change in the advice from its Independent Financial Adviser regarding the proposed conversion of convertible notes and a whitewash waiver. The adviser has recommended that the Independent Board Committee advise shareholders to vote in favor of the resolutions at the upcoming Extraordinary General Meeting. This decision is based on the assessment that the proposed actions are fair, reasonable, and in the best interests of the company and its shareholders.
More about E&P Global Holdings Limited
E&P Global Holdings Limited is a company incorporated in the Cayman Islands, and it operates with limited liability. The company, along with its subsidiaries, is involved in various business operations, although specific industries or market focuses are not detailed in the announcement.
Average Trading Volume: 1,504,056
Technical Sentiment Signal: Buy
Current Market Cap: HK$355.3M
For a thorough assessment of 1142 stock, go to TipRanks’ Stock Analysis page.