Further Extension of Conditional Agreement
Awaiting Description
OCTG inspection repair and storage - Medserv Energy
total tubular management - Medserv Energy
The board of directors of the Company refers to the conditional framework agreement between Anthony S. Diacono, Anthony J. Duncan and Malampaya Investments Limited and AMT S.A. As announced on the 28 January 2020, the parties to the said agreement extended the deadline for the completion of certain conditions to the 6th March 2020.
The Company is informed that the parties have agreed that the said deadline will be further extended to the 17th April 2020 in order to provide additional time to the parties to complete each of their respective conditions, including the board approval of the share for share exchange referred to in announcement 196/2019 and 199/2019.
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