Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous Practice Note 1 (“PN1”) announcements in compliance with paragraph 3.2(a) of Practice Note 1/2001.
Reference is made to all previous PN1 announcements made by the Company.
In compliance with paragraph 9.19A(5)(a) of the MMLR of Bursa Securities, the Board of Directors of PETONE wishes to inform that there has been no material development on the status of default payments as of the date of this announcement.
PETONE will announce further developments on the above matter in due course.
This announcement is dated 31 May 2018.