GLOTEC

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OTHERS GLOBALTEC FORMATION BERHAD (GFB) Energy Segment: Extension of Heads Of Agreement Signed For Initial Gas Sales From The Tanjung Enim's Plan Of Development 1

GLOBALTEC FORMATION BERHAD

Type Announcement
Subject OTHERS
Description
GLOBALTEC FORMATION BERHAD (GFB)
Energy Segment: Extension of Heads Of Agreement Signed For Initial Gas Sales From The Tanjung Enim's Plan Of Development 1

Reference is made to the announcement on 10 February 2023 (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein. On behalf of the Board of Directors of GFB, we are pleased to announce that NuEnergy Gas Limited (“NuEnergy”), a subsidiary of GFB which is listed on the Australian Securities Exchange (“ASX”) has today announced on ASX, that Dart TE and PT LARAS ENERGY has on today mutually agreed to extend the Heads of Agreement (“HOA”):

 

  1. to 31 December 2023; or
  2. upon the execution of Gas Sale and Purchase Agreement between the Parties; or
  3. upon the Parties agree in writing to terminate the HOA before 31 December 2023;

 

whichever comes first.

 

Enclosed is the announcement made by NuEnergy for reference.

 

This announcement is dated 22 August 2023.  




Please refer attachment below.



Announcement Info

Company Name GLOBALTEC FORMATION BERHAD
Stock Name GLOTEC
Date Announced 22 Aug 2023
Category General Announcement for PLC
Reference Number GA1-22082023-00016