Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Singapore Catalist Market  >  GSS Energy Limited    41F   SG1AG6000007

GSS ENERGY LIMITED

(41F)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Giken Sakata S : ASSET ACQUISITIONS AND DISPOSALS::THE PROPOSED ACQUISITION OF SHARES IN CEPU SAKTI ENERGY PTE. LTD.

share with twitter share with LinkedIn share with facebook
share via e-mail
06/30/2014 | 01:18am EDT


GIKEN SAKATA (S) LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 197903879W)

THE PROPOSED ACQUISITION OF SHARES IN CEPU SAKTI ENERGY PTE. LTD.

1. Introduction
The board of directors of Giken Sakata (S) Limited (the "Company") refers to its previous announcements dated 11 April 2014 and 1 June 2014 (the "Previous Announcements").
Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meaning as ascribed to them in the Previous Announcements.
2. Extension of the Production of Oil from Old Wells Agreement between PT Pertamina EP and PT Sarana Patra Jateng dated 3 November 2010
Further to the Previous Announcements, the Board wishes to announce that the Target Group has informed the Company that the Production of Oil from Old Wells Agreement between PT Pertamina EP and PT Sarana Patra Jateng dated 3 November 2010 has been extended until 3
November 2020.
The parties to the Agreement are in discussions to vary the terms of the Agreement relating to the timing of the Second Tranche payment as it is not intended that the Second Tranche payment will be made within the timing stipulated in the Agreement.
3. Caution in Trading
Further announcements will be made by the Company in due course.
Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders of the Company are advised to refrain from taking any action in respect of their securities in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the securities of the Company. In the event of any doubt, shareholders of the Company should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.
By Order of the Board
GIKEN SAKATA (S) LIMITED
Ng Say Tiong
Chief Financial Officer
30 June 2014

1
This announcement has been prepared by the Company and its contents have been reviewed by the company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the SGX-ST. The Company's Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr Bernard Lui
Telephone number: (65) 6389 3000
Email address: bernard.lui@stamfordlaw.com.sg
2

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on GSS ENERGY LIMITED
02/26GENERAL ANNOUNCEMENT : :withdrawal of unsolicited non-binding offer in relation ..
PU
02/14GENERAL ANNOUNCEMENT : :capital reduction exercise of subsidiary
PU
02/11Response to SGX Queries
PU
02/06GENERAL ANNOUNCEMENT : :update on unsolicited non-binding offer in relation to p..
PU
01/23GENERAL ANNOUNCEMENT : :receipt of unsolicited, non binding offer in relation to..
PU
01/06DISCLOSURE OF INTEREST/ CHANGES IN I : :Disclosure of Interest/Changes in Intere..
PU
01/06EMPLOYEE STOCK OPTION/ SHARE SCHEME : :issue and allotment of new ordinary share..
PU
2015GIKEN SAKATA S : Change - announcement of appointment::appointment of executive ..
PU
2015GIKEN SAKATA S : Change - change in corporate information::change of registered ..
PU
2015GIKEN SAKATA S : General announcement::resignation and appointment of executive ..
PU
More news
Chart GSS ENERGY LIMITED
Duration : Period :
GSS Energy Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GSS ENERGY LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Managers
NameTitle
Kin Bond Yeung Group Chief Executive Officer & Executive Director
Eng Chye Kuek Independent Non-Executive Chairman
Say Tiong Ng Group CFO, Co-Secretary & Executive Director
Sanford Chee Independent Director
Kau Lee Fung Non-Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GSS ENERGY LIMITED-37.50%23
ATLAS COPCO AB-4.79%43 150
ROPER TECHNOLOGIES, INC.3.62%38 320
FANUC CORPORATION-10.65%31 984
PARKER-HANNIFIN CORPORATION-18.92%21 397
FORTIVE CORPORATION-23.38%19 716