E&P GLOBAL (01142) Receives Writ of Summons Filed by Daily Loyal Limited with Hong Kong High Court

Stock News

Dec 14, 2025

E&P GLOBAL (01142) announced that on September 29, 2025, the company (as defendant) received a writ of summons (without a statement of claim) filed by Daily Loyal Limited (claimant) with the Hong Kong High Court. The writ alleges that the company breached a global settlement agreement dated October 25, 2024 (the litigation).

Due to (i) the writ involving an unquantified amount and (ii) the absence of a statement of claim, the company's board is unable to assess the merits of the claims set out in the writ. Nevertheless, the company has taken proactive steps to clarify the matter by instructing its legal representatives to act on its behalf in the litigation and by reviewing High Court records. However, (i) relevant court documents were unavailable during the review, and (ii) the legal documents were reportedly served to another law firm (former legal counsel) that previously represented the company.

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-web.itiger.com/news/1110068216"},"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:\"1110068216\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1110068216?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-14 18:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110068216","market":"sg","top_or_hot":-1,"title":"E&P GLOBAL (01142) Receives Writ of Summons Filed by Daily Loyal Limited with Hong Kong High Court","media":"Stock News","content":"<p>E&P GLOBAL (01142) announced that on September 29, 2025, the company (as defendant) received a writ of summons (without a statement of claim) filed by Daily Loyal Limited (claimant) with the Hong Kong High Court. The writ alleges that the company breached a global settlement agreement dated October 25, 2024 (the litigation).</p>\n<p>Due to (i) the writ involving an unquantified amount and (ii) the absence of a statement of claim, the company's board is unable to assess the merits of the claims set out in the writ. Nevertheless, the company has taken proactive steps to clarify the matter by instructing its legal representatives to act on its behalf in the litigation and by reviewing High Court records. However, (i) relevant court documents were unavailable during the review, and (ii) the legal documents were reportedly served to another law firm (former legal counsel) that previously represented the company.</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) Receives Writ of Summons Filed by Daily Loyal Limited with Hong Kong High Court</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) Receives Writ of Summons Filed by Daily Loyal Limited with Hong Kong High Court\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\">2025-12-14 18:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>E&P GLOBAL (01142) announced that on September 29, 2025, the company (as defendant) received a writ of summons (without a statement of claim) filed by Daily Loyal Limited (claimant) with the Hong Kong High Court. The writ alleges that the company breached a global settlement agreement dated October 25, 2024 (the litigation).</p>\n<p>Due to (i) the writ involving an unquantified amount and (ii) the absence of a statement of claim, the company's board is unable to assess the merits of the claims set out in the writ. Nevertheless, the company has taken proactive steps to clarify the matter by instructing its legal representatives to act on its behalf in the litigation and by reviewing High Court records. However, (i) relevant court documents were unavailable during the review, and (ii) the legal documents were reportedly served to another law firm (former legal counsel) that previously represented the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1124","symbol_name":"贸易公司与经销商","start_time":0,"source_url":"","article_id":"1110068216","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110068216","pubTimestamp":1765709053,"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 that on September 29, 2025, the company (as defendant) received a writ of summons (without a statement of claim) filed by Daily Loyal Limited (claimant) with the Hong...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1124":"贸易公司与经销商","01142":"能源及能量环球"},"translate_title":"E&P GLOBAL(01142)收到Daily Loyal Limited向香港高等法院提交的传讯令状","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01142":1},"content_text":"E&P GLOBAL (01142) announced that on September 29, 2025, the company (as defendant) received a writ of summons (without a statement of claim) filed by Daily Loyal Limited (claimant) with the Hong Kong High Court. The writ alleges that the company breached a global settlement agreement dated October 25, 2024 (the litigation).\nDue to (i) the writ involving an unquantified amount and (ii) the absence of a statement of claim, the company's board is unable to assess the merits of the claims set out in the writ. Nevertheless, the company has taken proactive steps to clarify the matter by instructing its legal representatives to act on its behalf in the litigation and by reviewing High Court records. However, (i) relevant court documents were unavailable during the review, and (ii) the legal documents were reportedly served to another law firm (former legal counsel) that previously represented the company.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}