HIBISCS

2.790

+0.08 (+3%)

Circular/Notice to Shareholders

HIBISCUS PETROLEUM BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY PENINSULA HIBISCUS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIBISCUS PETROLEUM BERHAD, OF THE ENTIRE ISSUED SHARE CAPITAL OF FORTUNA INTERNATIONAL PETROLEUM CORPORATION FOR A CASH CONSIDERATION OF USD212.5 MILLION (OR EQUIVALENT TO APPROXIMATELY RM879.5 MILLION)


Please refer attachment below.



Announcement Info

Company Name HIBISCUS PETROLEUM BERHAD
Stock Name HIBISCS
Date Announced 13 Dec 2021
Category Document Submission
Reference Number DCS-11122021-00002