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Announcement

MEMORANDUM OF UNDERSTANDING PETROL ONE RESOURCES BERHAD (THE COMPANY OR PETONE) MEMORANDUM OF UNDERSTANDING BETWEEN PETROL ONE HOLDINGS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PETONE AND WORLD OIL HUB SDN. BHD. (FORMERLY KNOWN AS WEBS OIL HUB SDN. BHD.)

  • Type
    Announcement
  • Subject
    MEMORANDUM OF UNDERSTANDING
  • Description
    PETROL ONE RESOURCES BERHAD (THE COMPANY OR PETONE)
    MEMORANDUM OF UNDERSTANDING BETWEEN PETROL ONE HOLDINGS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PETONE AND WORLD OIL HUB SDN. BHD. (FORMERLY KNOWN AS WEBS OIL HUB SDN. BHD.)

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcements dated 2 August 2016, 4 August 2016, 2 November 2016, 2 February 2017, 2 May 2017 and 24 July 2017.

Pursuant to Paragraph 9.29 of Main Market Listing Requirements ("Main LR") of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors wishes to inform that there is no major development on the status of the MOU as at the date of this announcement.

Further developments of the above matter will be announced to Bursa Securities in due course.

This announcement is dated 29 August 2017.

Announcement Info

  • Company Name
    PETROL ONE RESOURCES BERHAD
  • Stock Name
    PETONE
  • Date Announced
    29 Aug 2017
  • Category
    General Announcement for PLC
  • Reference Number
    GA1-21082017-00096

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