INVESTOR RELATIONS

FORM OF NOTICE OF CONVERSION OF 5-YEAR 3.5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("RCULS" OR "BARAKAH-LA")

BURSA ANNOUNCEMENTS
Date: 03 June 2019

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT


Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description

BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY")

-       MONTHLY ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

We refer to the announcements made by the Company on 17 May 2019 and 21 May 2019 in relation to the Company being classified as an affected listed issuer under PN17 ("First Announcement").

 

The Board of Directors wishes to inform that the Company is in the midst of formulating a plan to regularise its financial conditions ("Regularisation Plan"). The Company has approximately eleven (11) months to submit its Regularisation Plan to the relevant authorities for approval.

 

Further announcement will be made to Bursa Securities with regards to the development of the Regularisation Plan in due course.

 

This announcement is dated 3 June 2019.





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