Announcements


Date : 13 July 2016

Mutual cessation of Berantai Risk Service Contract

SAPURAKENCANA PETROLEUM BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-12072016-00002
Subject Mutual cessation of Berantai Risk Service Contract
Description
MUTUAL CESSATION OF BERANTAI RISK SERVICE CONTRACT
Query Letter Contents

We refer to your Companyís announcement dated 11 July 2016 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) Whether the cost of the FPSO will form part of the reimbursement by Petroliam Nasional Berhad.

2) Details on the intended utilisation of the amount of reimbursement to be received by the Group.

3) Financial and operational impact to the Group arising from the cessation.

4) Expected losses arising from the cessation, if any.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,

 

SUZALINA HARUN
Senior Vice President, Issuers
Listing Division, Regulation

/WCY

c.c. : Market Surveillance Dept, Securities Commission Malaysia (via fax).

In connection with the query letter received from Bursa Malaysia Securities Berhad dated 12 July 2016, please refer to the attachment for details.



Please refer attachment below.



Announcement Info

Company Name SAPURAKENCANA PETROLEUM BERHAD
Stock Name SKPETRO
Date Announced 13 Jul 2016
Category General Announcement for PLC
Reference Number GA1-13072016-00045



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