Eneco Energy granted extension of time from SGX to hold AGM
Add BT as a preferred source
Claudia Chong
ENECO Energy Limited must now convene its annual general meeting (AGM) by May 31, 2019, after it was granted by the Singapore Exchange (SGX) an extension of time to hold the AGM.
Eneco said it made the application for the extension because its external auditors, Ernst & Young Indonesia, need more time to complete the audit of its financial results for FY2018.
EY Indonesia is also unable to complete its audit of the company's subsidiary, PT Hexindo Gemilang Jaya, as the former is still trying to obtain audit work papers from Deloitte Indonesia, the auditors of Mandala Energy Lemang. Mandala is the operator of the Lemang Production Sharing Contract, in which Hexindo has a 16 per cent participating interest.
Eneco has also applied for an extension of time to the Accounting and Corporate Regulatory Authority.
Copyright SPH Media. All rights reserved.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?
