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E&P Global Holdings Updates on Convertible Notes and Whitewash Waiver

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E&P Global Holdings Updates on Convertible Notes and Whitewash Waiver

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E&P Global Holdings Limited ( (HK:1142) ) just unveiled an update.

E&P Global Holdings Limited has announced a monthly update regarding the proposed conversion of convertible notes and an application for a Whitewash Waiver. The company has disclosed a Definitive Conversion Plan involving a principal amount of US$164,500,000, which could significantly impact the company’s share capital. The application for a Whitewash Waiver is under review, and shareholders are advised to exercise caution as the proposed actions may lead to a general offer for all issued shares.

More about E&P Global Holdings Limited

Average Trading Volume: 439,324

Technical Sentiment Signal: Buy

Current Market Cap: HK$136.3M

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

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