Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous PN17 announcements.
Reference is made to all previous PN17 announcements made by the Company.
Pursuant to Paragraph 4.1 of PN17, the Board of Directors of PETONE wishes to inform that Bursa Securities had vide its letter dated 15 March 2017, granted the Company an extension of time up to 13 August 2017 to implement its Proposed Regularisation Plan. For further details on the above, please refer to the Company’s announcement dated 16 March 2017.
Further developments of the above matter will be announced to Bursa Securities in due course.
This announcement is dated 3 April 2017.