KUALA LUMPUR (March 27): Trading in the shares of KEY WEST GLOBAL TELECOMM []unications Bhd will be suspended on Wednesday, March 28 for the signing of an agreement with Maryland International Offshore Ltd.
According to a circular from Bursa Malaysia Securities, the suspension would come into effect from 9am on Wednesday until further notice.
However, a statement issued by Key West said the suspension would come into effect from 9am to 5pm on Wednesday only.
On March 20, the board of directors of Key West told Bursa Malaysia that it was “in discussion with PT Formasi Sumatera Energi to further venture its oil and gas businesses in Indonesia”. However, as of that date, the terms were yet to be finalised.
In a separate statement, Key West announced that Wong Meng Tak has been appointed an independent director.
Wong is currently an independent director of D&O Green Technologies Bhd.
According to a circular from Bursa Malaysia Securities, the suspension would come into effect from 9am on Wednesday until further notice.
However, a statement issued by Key West said the suspension would come into effect from 9am to 5pm on Wednesday only.
On March 20, the board of directors of Key West told Bursa Malaysia that it was “in discussion with PT Formasi Sumatera Energi to further venture its oil and gas businesses in Indonesia”. However, as of that date, the terms were yet to be finalised.
In a separate statement, Key West announced that Wong Meng Tak has been appointed an independent director.
Wong is currently an independent director of D&O Green Technologies Bhd.
