CARIMIN

0.910

+0.035 (+4%)

OTHERS CARIMIN PETROLEUM BERHAD ("CPB" OR "THE COMPANY") -AGENCY AGREEMENT BETWEEN DOF SUBSEA ASIA PACIFIC PTE LTD ("DOF") AND SUBNAUTICA SDN. BHD. (FORMERLY KNOWN AS NEPTUNE ENERGY & SERVICES SDN. BHD.) ("SUBNAUTICA"), A 60% OWNED SUBSIDIARY OF CPB TO JOINTLY COLLABORATE AND PURSUE BUSINESS OPPORTUNITIES IN SUBSEA SERVICES INCLUDING SURVEY, UNDERWATER INSPECTION, REPAIR AND MAINTENANCE, DECOMMISSIONING, TRANSPORTATION AND INSTALLATION IN MALAYSIA ("THE SERVICES")

CARIMIN PETROLEUM BERHAD

Type Announcement
Subject OTHERS
Description
CARIMIN PETROLEUM BERHAD ("CPB" OR "THE COMPANY") 

-AGENCY AGREEMENT BETWEEN DOF SUBSEA ASIA PACIFIC PTE LTD ("DOF") AND SUBNAUTICA SDN. BHD. (FORMERLY KNOWN AS NEPTUNE ENERGY & SERVICES SDN. BHD.) ("SUBNAUTICA"), A 60% OWNED SUBSIDIARY OF CPB TO JOINTLY COLLABORATE AND PURSUE BUSINESS OPPORTUNITIES IN SUBSEA SERVICES INCLUDING SURVEY, UNDERWATER INSPECTION, REPAIR AND MAINTENANCE, DECOMMISSIONING, TRANSPORTATION AND INSTALLATION IN MALAYSIA ("THE SERVICES")
The Board of Directors of CPB wishes to announce that SUBNAUTICA, a sixty per cent (60%) owned subsidiary of the Company, had on 26 November 2019 entered into an Agency Agreement (“Agreement”) with DOF to jointly collaborate and pursue business opportunities in the Services.

Please refer to the attachment for further information


This announcement is dated 26 November 2019.



Please refer attachment below.



Announcement Info

Company Name CARIMIN PETROLEUM BERHAD
Stock Name CARIMIN
Date Announced 26 Nov 2019
Category General Announcement for PLC
Reference Number GA1-04112019-00035