Brief: Pearl Oriental Oil Proposes To Implement Capital Reorganisation

CHK Oil

16/04/2019 16:28

April 16 (Reuters) - Pearl Oriental Oil Ltd  0632.HK :
    * ON 3 APRIL,  CO AGREED TO ALLOT AND ISSUE 1.70 BILLION 
SHARES
AT HK$0.02 PER SHARE TO NOBLE
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES FROM APRIL 17, 2019
    * PROPOSES TO IMPLEMENT CAPITAL REORGANISATION VIA  CAPITAL
REDUCTION,  SHARE SUBDIVISION &  SHARE CONSOLIDATION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5k9R6t
Further company coverage:  0632.HK 

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