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Type | Announcement |
Subject | OTHERS |
Description | REACH ENERGY BERHAD ("REB" or "the Company") - APPOINTMENT OF FINANCIAL ADVISOR AND LEGAL ADVISOR FOR QUALIFYING ACQUISITION |
The Board of Directors of REB wishes to announce that the Company had on 5th November 2014 appointed the following advisors:- i) BNP Paribas Capital (Malaysia) Sdn Bhd ("BNPP") to act as REB's International Financial Advisor in relation to its potential Qualifying Acquisition ("QA"). BNPP's scope of work includes advisory role and support to REB in respect of due diligence, valuation, structuring and negotiations pertaining to certain QA targets; and ii) SKRINE Advocates & Solicitors ("SKRINE") to act as REB's Legal Advisor for the provision of legal services in REB's QA transaction. SKRINE's scope of work includes advising on the Malaysian legal and regulatory requirements on the operations and obligations of REB in respect of the QA and to support REB in the QA due diligence exercise. This announcement is dated 6th November 2014. |
Announcement Info
Company Name | REACH ENERGY BERHAD |
Stock Name | REACH |
Date Announced | 6 Nov 2014 |
Category | General Announcement |
Reference No | CC-141021-29109 |