Clarification On News Article Published In The Edge On Monday, 10 April 2023

Reference is made to the article titled “Reach Energy to dispose the Kazakhstan oil field” which was published in The Edge on 10 April 2023 (“the Article)

The Board wishes to clarify that the Company did not receive any offer or interest from the suitors as reported in the article and has no intention to dispose the Kazakhstan asset in immediate future.

The Board reiterates that it is cognisant of the need for proper dissemination of information to the public and will continue to release the appropriate announcement(s) on Bursa Securities on a timely basis as required by the Main Market Listing Requirements of the Bursa Securities.

In addition, the Board will continue to monitor rumours, reports or inaccurate information affecting the Company. 

This announcement is dated 10 April 2023.

Announcement Info