Brief: Magnus Energy Group Ltd proposes issuance and allotment of new shares

Sept 27 (Reuters) - Magnus Energy Group Ltd  MAGN.SI  
    * Announces proposed issuance and allotment of new shares 
pursuant to outstanding amount conversion agreement 
    * Entered into an outstanding amount conversion agreement 
with Meg Management Sdn and Algae Farm Engineering Sdn 
    * Pursuant to outstanding amount conversion agreement, on 
completion, Kim Jaehoon to be appointed director and Chairman 
 
Source text for Eikon:  ID:nSNZ9R8V0p  
Further company coverage:  MAGN.SI  
 
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