General Announcement for PLC
15/03/2021OTHERS BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY") - NOTICE OF COURT CONVENED MEETING OF SCHEME CREDITORS
BARAKAH OFFSHORE PETROLEUM BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY") - NOTICE OF COURT CONVENED MEETING OF SCHEME CREDITORS |
Reference is made to Barakah’s announcement dated 19 February 2021. Reference is further made to the High Court Order dated 15 February 2021 (“the Order”).
The Board of Directors of Barakah wishes to inform that the Court Convened Meeting (“CCM”) of PBJV Group Sdn. Bhd. (“PBJV”) pursuant to the Order was conducted on even date.
A creditor of PBJV, Export-Import Bank of Malaysia Berhad had proposed an adjournment of the CCM pursuant to Section 366(2) of the Companies Act 2016.
The resolution for adjournment was approved by the requisite majority of more than seventy-five (75) per centum of the total value of creditors present and voting either in person or by proxy at the meeting.
The CCM is now adjourned to Monday, 5 April 2021 and will be held virtually at 2.00 p.m. at Barakah Offshore Petroleum Berhad, Petaling Jaya (“Broadcast Venue”).
Further development on the above matter will be announced to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 15 March 2021. |
Announcement Info
Company Name | BARAKAH OFFSHORE PETROLEUM BERHAD |
Stock Name | BARAKAH |
Date Announced | 15 Mar 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-15032021-00100 |