• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


OTHERS CARIMIN PETROLEUM BERHAD ("CPB" OR "THE COMPANY") - EXTENSION OF TIME FRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PUBLIC ISSUE

CARIMIN PETROLEUM BERHAD

Type Announcement
Subject OTHERS
Description
CARIMIN PETROLEUM BERHAD ("CPB" OR "THE COMPANY")
- EXTENSION OF TIME FRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PUBLIC ISSUE

 

Reference is made to the utilisation of proceeds raised from the public issue (“Public Issue”) as disclosed in the Company’s prospectus dated 23 October 2014 issued in conjunction with the listing of the Company on the Main Market of Bursa Malaysia Secutities Berhad on 10 November 2014. The Company has raised a total gross proceeds of RM66.77 million from its Public Issue (“Public Issue Proceeds”).

 

The Board of Directors of the Company (“Board”) wishes to inform that the Public Issue Proceeds have been fully utilised by the Company save for the amount of RM10,212,000 allocated for the development of minor fabrication yard.

 

The Board has resolved to further extend the timeframe for utilisation of the remaining unutilised Public Issue Proceeds allocated for the development of minor fabrication yard for an additional eighteen (18) months up to 21 August 2021 (“Extension of Time”).

 

Please refer to the attachment for further details. 

 

This announcement is dated 20 February 2020.

 




Please refer attachment below.



Announcement Info

Company Name CARIMIN PETROLEUM BERHAD
Stock Name CARIMIN
Date Announced 20 Feb 2020
Category General Announcement for PLC
Reference Number GA1-20022020-00025



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X