E&P Global Holdings Announces Potential HK\$1.5 Billion Equity Funding Facility

Key Investment Highlights and Shareholder Information

E&P Global Holdings Limited (Stock code: 1142), a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, has disclosed that it entered into a non-binding investment term sheet with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited after trading hours on 4 March 2026. This term sheet concerns a proposed equity funding facility of up to HK\$1.5 billion.

Key Points of the Report

• Investment Term Sheet Details: The term sheet provides for a potential equity funding facility of up to HK\$1.5 billion. The facility, if agreed upon in definitive documentation, would be drawn in multiple tranches, with timing and amounts yet to be determined.
• Parties Involved:
  • E&P Global Holdings Limited (the issuer)
  • GEM Global Yield LLC SCS (the investor)
  • GEM Yield Bahamas Limited
• Nature of Agreement: The term sheet is non-legally binding and is for discussion purposes only. No party will be bound unless and until formal, definitive agreements are executed.
• Use of Proceeds (if the first tranche materialises):
  • 50% to be used for repayment of liabilities, including amounts due to shareholders, related parties, and interest-bearing borrowings.
  • 25% for working capital, specifically supporting the trading business and potential investments in gas stations in South Korea.
  • 25% for general working capital and future business development.
• Investor Profile: GEM Global Yield LLC SCS is an alternative investment group focused on emerging markets. It manages a portfolio of alternative investment vehicles providing global private investment exposure. The investor and its ultimate beneficial owners are independent of E&P Global Holdings and its connected persons.
• Strategic Partnership Potential: Should a formal agreement be reached, GEM would also serve as a strategic investment partner to the Group.

Important Information for Shareholders

• Non-Binding Nature: The term sheet is not legally binding. There is no guarantee that a formal agreement will be signed or that the funding facility will materialise.
• Potential Impact on Share Price: The announcement of a potential HK\$1.5 billion equity funding facility is likely to be viewed as a significant development by the market. If the transaction proceeds, it could positively impact the company’s liquidity, reduce debt, and support business expansion, all of which may influence the company’s share value.
• Risk of Non-Completion: The investor and GEMYB reserve the right to withdraw their proposal at any time prior to the signing of definitive documentation. Shareholders should exercise caution as the deal may or may not proceed.
• Regulatory Compliance: If the formal agreement materialises, E&P Global Holdings will ensure compliance with all relevant Listing Rules and disclosure requirements.

Board Composition

As of the announcement date (4 March 2026), the Board of Directors comprises Mr. Im Jonghak, Mr. Liu Wai Shing Peter (Chairman), and Ms. Sun Meng as executive Directors, with Ms. Chen Dai, Mr. Kim Sung Rae, and Mr. Wong Wei Hua Derek serving as independent non-executive Directors.

What Should Investors Do?

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the company. The term sheet is only a preliminary step and may not result in a binding agreement or funding inflow. The Group, however, views the funding facility as a positive move to strengthen its financial position and support future development if executed.

Disclaimer: This article is a summary and interpretation of the public announcement made by E&P Global Holdings Limited on 4 March 2026. The information is for general informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Shareholders and potential investors should conduct their own due diligence and consult with professional advisors before making any investment decisions. There is no assurance that the proposed funding facility will be finalised or completed.

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