TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HIBISCUS PETROLEUM BERHAD (HIBISCUS PETROLEUM OR COMPANY) PROPOSED ACQUISITION BY PENINSULA HIBISCUS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIBISCUS PETROLEUM, OF THE ENTIRE EQUITY INTEREST IN FORTUNA INTERNATIONAL PETROLEUM CORPORATION (FIPC) (PROPOSED ACQUISITION)
| HIBISCUS PETROLEUM BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | HIBISCUS PETROLEUM BERHAD (HIBISCUS PETROLEUM OR COMPANY) PROPOSED ACQUISITION BY PENINSULA HIBISCUS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIBISCUS PETROLEUM, OF THE ENTIRE EQUITY INTEREST IN FORTUNA INTERNATIONAL PETROLEUM CORPORATION (FIPC) (PROPOSED ACQUISITION) |
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We refer to the announcements dated 2 June 2021, 4 June 2021, 9 June 2021 and 23 June 2021 in relation to the Proposed Acquisition.
On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that Repsol Exploración, S.A. has on 1 July 2021 informed Hibiscus Petroleum that it has received the approval from the Barbados Exchange Control Authority dated 29 June 2021 for the sale of all the FIPC shares held by it to Peninsula Hibiscus Sdn Bhd.
This announcement is dated 2 July 2021. |
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Announcement Info
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 02 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02072021-00088 |