E&P Global Seeks HK$465 Million via Stock Offering

MT Newswires Live

Nov 28, 2025

E&P Global (HKG:1142) is seeking HK$465.1 million via a share sale, according to a Hong Kong bourse filing Friday.

The company is seeking investors for nearly 1.37 billion shares of the coal miner priced at HK$0.34 apiece.

The shares represent 10.83% of the company's issued share capital, and 9.77% as enlarged by the sale.

More than half of the proceeds will be used to repay the company's debt, while a portion will be used to expand the company's trading business in China and South Korea, the firm said.

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