Hong Kong-listed E&P Global jumps on share sale at premium

Eandp Global Holdings

28/11/2025 02:01

** Shares of coal mining group E&P Global Holdings 1142.HK jump 14.9% to HK$0.385, on track for biggest one-day pct gain since November 11

** Co plans sale of 1.37 bln new shares to third party investors in share placement, raising HK$465.1 mln ($59.8 mln) for repayment of liabilities, expansion of energy commodities trading business in Korea and in China, and for working capital

** The shares will be issued at HK$0.34 apiece, a 1.49% premium to Thursday's close of HK$0.335

** YTD, stock down 46.8%, while benchmark Hang Seng Index .HSI up 28.9%

($1 = 7.7796 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))