PN17 status in March 2019 after defaulting on a loan from EXIM Bank for a vessel..

As such, the Company has decided not to submit an appeal to Bursa Securities against the de-listing within the Appeal Timeframe i.e. on or before 29 May 2025.

This is funny, isn't it? They trade among themselves just to make this counter looks good? Closed at 4sen today.

No plan to uplift PN17? No one interested to buy the ship? No way how not to pay debt? No update on contracts being tendered? Would they have another 6 months EOT? Or will this company get delisted soon?

Cloud = good fortune

Muhd Amir.. maybe yes, maybe not

Yeegroup.. to me, previous proposal is better

How would I know that? It's hard to speculate what tomorrow may bring

Theoretically yes and they need to come up with plan

"The Hearing for EnQuest’s Motion for Leave to Appeal before the three panel Judges at the Federal Court was scheduled and conducted on 14 August 2024. The Federal Court had unanimously decided in favour of PBJV wherein EnQuest’s Motion for Leave to Appeal has been dismissed"