Brief: Enra Group Bhd says unit entered into shareholders' agreement

Icon Energy

05/01/2017 09:53

Jan 5 (Reuters) - Enra Group Bhd  ENRA.KL : 
    * Unit Enra Oil & Gas Services and  unit of Icon Energy Ltd  
entered into a shareholders' agreement 
    * Parties shall procure the JV company to be incorporated in 
Malaysia with an authorised share capital of 4 million rgt 
    * Agreement to  jointly estabish co to provide low cost 
solutions to upstream oil and gas industry within and outside 
Malaysia 
    * "The proposed JV is not expected to have any effect on the 
issued and paid-up share capital of the company" 
    * Proposed JV is not expected to have any material effect on 
EPS of the Enra Group for fy ending 31 march 2017 
 
Source text: [http://bit.ly/2jdcN4c] 
Further company coverage:  ENRA.KL  
 
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