Yes....as reported "Sale of shares via open market. The sales of shares are pursuant to financing arrangement that Datuk Zainol Izzet bin Mohamed Ishak is a party to and is not a voluntary sale on his part."
MARKETS Crude oil is ripping higher after Putin says 'Russia is ready' to cap its production Akin Oyedele Oct 10, 2016, 10:16 AM ET Crude oil prices rose to their best levels of this year on Monday after more indications that major oil producers are willing to strike a deal on output.
The Organisation of Petroleum Exporting Countries (OPEC) agreed at an informal meeting last month to discuss capping output when it holds its formal meeting in November. Reuters reported that Russian President Vladimir Putin said he hoped OPEC reaches an agreement, while speaking at an energy congress in Istanbul.
"Russia is ready to join the joint measures to cap production and is calling for other oil exporters to join," Putin said, according to Reuters.
Similar talks ended without a deal in April after Russia refused to play ball without the involvement of Iran, its geopolitical rival and OPEC's second-largest producer.
The US and international benchmarks of oil prices crossed the psychologically key $50 per barrel threshold last week.
Brent crude, the international benchmark of oil prices is near a one-year high and up 3.2% to $53.60 per barrel at 10:03 a.m. ET. West Texas Intermediate crude oil futures, the US benchmark, is up 3.3% to $51.48.
Concerned Director has just exited the company don't forget. Plenty of people here trying to push down more and buy low. If not, then we must assume you've already sold your shares so why comment here panic panic lalalala. Some kind of public service, I don't think so!
Translation: (PERISAI, 0047), a wholly-owned unit of Petrobras (0047), is a wholly-owned unit of Petrochina Group, which is wholly-owned by the Company for a total consideration of S $ 125 million (RM377 million) on Monday (Oct. 3) Subsidiaries can not repay the principal and interest, and both received notice of default.
Pursuant to the notice given by the Escrow Company, Belisai, a wholly-owned subsidiary of Belizean Oil, was unable to pay the outstanding principal and interest on the Notes for five consecutive days, resulting in a default.
In addition, the custodian company further indicated that it had no intention to take any action to declare that the bonds had expired and had to be repaid, unless instructed by the creditor.
Belizean said the group is currently operating under adverse financial conditions.
"The current market downturn, the Group's business has been the field of oil and gas shocks, including weak oil prices and economic growth slowed."
The offshore oil and gas sector remains volatile and the market will continue to slack this year, leading to a downturn in the Group's offshore assets and services and continuing challenges, Berlusconi said.
However, the Group refers to the fact that business and operations are unlikely to be affected by default and are in continuous contact with financial institutions to minimize any financial impact of default.
In addition, Berlusconi Capital intends to reach a settlement with the creditor under a tentative financing,
Repeat: However, the Group refers to the fact that business and operations are unlikely to be affected by default and are in continuous contact with financial institutions to minimize any financial impact of default.
In addition, Berlusconi Capital intends to reach a settlement with the creditor under a tentative financing,
Perisai should fired the poor performance and unproductive workers. On the same time maintain high performance and productive workers. By this, save company money and energy. Wasting money on unproductive workers is a burden.
“The sales of shares are pursuant to financing arrangements that Datuk Zainol Izzet Mohamed Ishak is a party to and is not a voluntary sale on his part,” Perisai said.
Dont worry they are still supporting the counter. It is only in a matter of time...remain support at RM0.07. They will push but how far...it depends ya.
if u see my previous comments last wk fighting wif annmix..edy say this wk will have something brewing up..haishh annmix mana kau? tgh laosai ah brather
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Posted by IronThrone > 2016-10-10 20:23 | Report Abuse
Md keep selling. Omg. What happen?