Brief: Pan Orient Energy To Be Acquired By A Subsidiary Of Dialog Group Berhad

CanAsia Energy

06/06/2022 14:32

June 6 (Reuters) - Pan Orient Energy Corp  POE.V :
    * PAN ORIENT ENERGY CORP - ENTERED INTO AN AGREEMENT TO BE
ACQUIRED BY A SUBSIDIARY OF DIALOG GROUP BERHAD
    * PAN ORIENT ENERGY CORP -  AGREEMENT FOR PAN ORIENT'S
NON-THAILAND BUSINESS TO BE TRANSFERRED TO CANASIA ENERGY CORP.
    * PAN ORIENT ENERGY CORP - COMMON SHARE HOLDER WILL RECEIVE,
FOR
EACH SUCH COMMON SHARE, CASH CONSIDERATION OF USD $0.788, ONE
COMMON SHARE OF CANASIA
    * PAN ORIENT ENERGY CORP - PAN ORIENT COMMON SHARES WILL BE
DELISTED FROM TSXV
    * PAN ORIENT ENERGY CORP - ANTICIPATE CANASIA COMMON SHARES
WILL
BE LISTED ON TSXV AS A SUBSTITUTIONAL LISTING TO PAN ORIENT
COMMON SHARES

Source text for Eikon:  ID:nCNWp5Qhna 
Further company coverage:  POE.V 

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