Brief: Alpha Energy Holdings Clarifies Announcement In Relation To Media Articles

Alpha DX

10/04/2019 15:41

April 10 (Reuters) - Alpha Energy Holdings Ltd  ALPH.SI :
    * CLARIFIES ANNOUNCEMENT IN RELATION TO MEDIA ARTICLES
    * CLARIFIES THAT IT HAS NO PLANS TO RAISE $44.77 MILLION
FROM
PLACEMENT OR A FURTHER $6.19 MILLION THROUGH ISSUE OF
CONVERTIBLE PERPETUAL SECURITIES
    * CLARIFIES YINSON HOLDINGS HAS NOT ACQUIRED DIRECT STAKE IN
CO &
IS CURRENTLY NOT AWARE OF ANY PLANS BY YINSON TO DO SO
    * CO IS LOOKING TO RAISE FUNDS TO FUND ITS OPERATIONS, & MAY
BE
LOOKING TO CONDUCT A FUND RAISING EXERCISE IN NEAR FUTURE

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8Q9Rxb
Further company coverage:  ALPH.SI 

 ((Reuters.Briefs@thomsonreuters.com;))