Hibiscus Petroleum Bhd

06/04/2021 | Press release | Distributed by Public on 06/04/2021 07:01

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HIBISCUS PETROLEUM BERHAD (HIBISCUS PETROLEUM OR COMPANY) PROPOSED ACQUISITION BY PENINSULA HIBISCUS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIBISCUS PETROLEUM, OF THE ENTIRE EQUITY INTEREST IN FORTUNA INTERNATIONAL PETROLEUM CORPORATION (PROPOSED ACQUISITION)

HIBISCUS PETROLEUM BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
HIBISCUS PETROLEUM BERHAD (HIBISCUS PETROLEUM OR COMPANY)

PROPOSED ACQUISITION BY PENINSULA HIBISCUS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIBISCUS PETROLEUM, OF THE ENTIRE EQUITY INTEREST IN FORTUNA INTERNATIONAL PETROLEUM CORPORATION (PROPOSED ACQUISITION)

We refer to the announcement dated 2 June 2021 in relation to the Proposed Acquisition.

On behalf of the Company, CIMB Investment Bank Berhad wishes to provide further details of the Proposed Acquisition.

Please refer to the attached file for further details of the Proposed Acquisition.

This announcement is dated 4 June 2021.




Please refer attachment below.


Announcement Info

Company Name HIBISCUS PETROLEUM BERHAD
Stock Name HIBISCS
Date Announced 04 Jun 2021
Category General Announcement for PLC
Reference Number GA1-04062021-00126