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Sunshine Oilsands to Issue Shares to Settle Debt
SUNSHINE OIL (02012) plans to issue approximately 48.6957 million shares to creditors at a premium of about 5.71% to settle debts.
SUNSHINE OIL (02012) announced that on April 17, 2025, the company signed Debt-for-equity Swaps agreements with creditors...
Express News | Sunshine Oilsands - to Allot & Issue Shares Representing 16.67% of Existing Issued Share Capital of Co, Others, to Creditors at Issue Price of HK$0.35
Hong Kong stocks are fluctuating | Petroleum stocks are recovering. Tariff risks have caused a short-term decline in Crude Oil Product prices. Institutions indicate that domestic oil companies are expected to weaken their sensitivity to oil prices.
Petroleum stocks have recovered. As of the time of this report, China Oilfield Services (02883) is up by 3.23%, priced at 5.43 HKD; CNOOC (00883) is up by 3.84%, priced at 16.22 HKD; SHANGHAI PECHEM (00338) is up by 2.75%, priced at 1.12 HKD; PetroChina (00857) is up by 0.56%, priced at 5.35 HKD.
Hong Kong stocks have fluctuated | Petroleum stocks opened lower collectively. The disturbance caused by tariff policies, along with OPEC+ increasing production, further drove oil prices down significantly.
Petroleum stocks opened lower collectively. As of the time of this report, CNOOC (00883) fell 10.52% to HKD 16.5; PetroChina (00857) fell 10.63% to HKD 5.63; KUNLUN ENERGY (00135) fell 7.07% to HKD 7.62; Sinopec (00386) fell 5.85% to HKD 3.86.
SUNSHINE OIL (02012): Liu Linna resigned as Non-Executive Director.
SUNSHINE OIL (02012) announced that Liu Linna has resigned from the position of non-executive Director due to work transfer.
