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Announcement

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN

  • Type
    Announcement
  • Subject
    PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
  • Description
    PETROL ONE RESOURCES BERHAD ("COMPANY" OR "PETONE") - PROPOSED REGULARISATION PLAN

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcements dated 15 November 2013, 28 March 2014, 21 January 2015, 14 August 2015, 28 July 2016, 16 March 2017, 27 July 2017, 28 July 2017 and 7 September 2017.

Reference is made to the announcements dated 15 November 2013, 28 March 2014, 21 January 2015, 14 August 2015, 28 July 2016, 16 March 2017, 27 July 2017, 28 July 2017 and 7 September 2017 in relation to the Proposed Regularisation Plan.

On behalf of the Board of Directors, PIVB wishes to announce that the Company had today submitted an application to Bursa Securities seeking its approval for an extension period of six (6) months up to 11 August 2018 for the Company to complete the implementation of its Proposed Regularisation Plan.

Further to the above, on behalf of the Board of Directors, PIVB wishes to announce that M&A Securities Sdn Bhd had been appointed by the Company as the co-placement agent for the Proposed Private Placement on 25 January 2018.

This announcement is dated 8 February 2018.

Announcement Info

  • Company Name
    PETROL ONE RESOURCES BERHAD
  • Stock Name
    PETONE
  • Date Announced
    08 Feb 2018
  • Category
    General Announcement for PLC
  • Reference Number
    GA1-07022018-00028

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