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 Company’s 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 /WCY c.c. : Market Surveillance Dept, Securities Commission Malaysia (via fax). |
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In connection with the query letter received from Bursa Malaysia Securities Berhad dated 12 July 2016, please refer to the attachment for details. |
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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 |