E&P Global Holdings Limited (HK:1142) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
E&P Global Holdings Limited has announced a proposed capital reorganization, including a reduction in the par value of its issued shares from HK$0.50 to HK$0.01, and a subsequent subdivision of unissued shares. This move aims to offset accumulated losses and requires shareholder and court approvals to proceed. Investors in E&P Global Holdings should watch for further announcements as the company navigates these changes.
For further insights into HK:1142 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- BTCC, WGMI: 2 Bitcoin ETFs for Crypto Exposure
- Shareholder Alert for PACS Group, Inc. (NYSE:PACS)
- Netflix Wins Shareholder Lawsuit Alleging Misleading Growth Forecasts
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
