Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings in the previous announcements made by the Company on the MOU between Petrol One Holdings Sdn. Bhd. and World Oil Hub Sdn. Bhd. (formerly known as Webs Oil Hub Sdn. Bhd.).
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 24 May 2018.