E&P GLOBAL (01142) Plans to Issue Shares at 1.49% Premium, Raising Up to HK$460 Million

Stock News

Nov 28, 2025

E&P GLOBAL (01142) announced on November 27, 2025, that the company intends to issue up to 1.368 billion placement shares at HK$0.34 per share through a placing agent. The issue price represents a premium of approximately 1.49% over the closing price of HK$0.335 per share on the Hong Kong Stock Exchange on the agreement date.

Upon completion, the net proceeds from the placement are expected to be around HK$460 million. The allocation of funds is as follows: approximately 57.67% will be used to repay group debts; 8.70% will fund the expansion of the company's existing energy commodities (such as diesel/gasoline) trading business in South Korea; 21.76% will support the expansion of its energy commodities (such as coal) trading operations in China; 7.18% will be allocated to explore potential renewable energy opportunities; and 4.69% will serve as general working capital for the group.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1187763332"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1187763332\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1187763332?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-28 06:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1187763332","market":"hk","top_or_hot":-1,"title":"E&P GLOBAL (01142) Plans to Issue Shares at 1.49% Premium, Raising Up to HK$460 Million","media":"Stock News","content":"<p>E&P GLOBAL (01142) announced on November 27, 2025, that the company intends to issue up to 1.368 billion placement shares at HK$0.34 per share through a placing agent. The issue price represents a premium of approximately 1.49% over the closing price of HK$0.335 per share on the Hong Kong Stock Exchange on the agreement date.</p>\n<p>Upon completion, the net proceeds from the placement are expected to be around HK$460 million. The allocation of funds is as follows: approximately 57.67% will be used to repay group debts; 8.70% will fund the expansion of the company's existing energy commodities (such as diesel/gasoline) trading business in South Korea; 21.76% will support the expansion of its energy commodities (such as coal) trading operations in China; 7.18% will be allocated to explore potential renewable energy opportunities; and 4.69% will serve as general working capital for the group.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>E&P GLOBAL (01142) Plans to Issue Shares at 1.49% Premium, Raising Up to HK$460 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nE&P GLOBAL (01142) Plans to Issue Shares at 1.49% Premium, Raising Up to HK$460 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-28 06:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>E&P GLOBAL (01142) announced on November 27, 2025, that the company intends to issue up to 1.368 billion placement shares at HK$0.34 per share through a placing agent. The issue price represents a premium of approximately 1.49% over the closing price of HK$0.335 per share on the Hong Kong Stock Exchange on the agreement date.</p>\n<p>Upon completion, the net proceeds from the placement are expected to be around HK$460 million. The allocation of funds is as follows: approximately 57.67% will be used to repay group debts; 8.70% will fund the expansion of the company's existing energy commodities (such as diesel/gasoline) trading business in South Korea; 21.76% will support the expansion of its energy commodities (such as coal) trading operations in China; 7.18% will be allocated to explore potential renewable energy opportunities; and 4.69% will serve as general working capital for the group.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01142","symbol_name":"能源及能量环球","start_time":0,"source_url":"","article_id":"1187763332","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1187763332","pubTimestamp":1764282616,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"E&P GLOBAL (01142) announced on November 27, 2025, that the company intends to issue up to 1.368 billion placement shares at HK$0.34 per share through a placing agent. The issue price represents a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01142":"能源及能量环球","BK1124":"贸易公司与经销商"},"translate_title":"E&P GLOBAL(01142)拟溢价1.49%发行股份最多募资4.6亿港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01142":1},"content_text":"E&P GLOBAL (01142) announced on November 27, 2025, that the company intends to issue up to 1.368 billion placement shares at HK$0.34 per share through a placing agent. The issue price represents a premium of approximately 1.49% over the closing price of HK$0.335 per share on the Hong Kong Stock Exchange on the agreement date.\nUpon completion, the net proceeds from the placement are expected to be around HK$460 million. The allocation of funds is as follows: approximately 57.67% will be used to repay group debts; 8.70% will fund the expansion of the company's existing energy commodities (such as diesel/gasoline) trading business in South Korea; 21.76% will support the expansion of its energy commodities (such as coal) trading operations in China; 7.18% will be allocated to explore potential renewable energy opportunities; and 4.69% will serve as general working capital for the group.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}