SKP 0.00% 6.0¢ skyland petroleum group limited

Ann: Company Update and Placement, page-2

  1. 126 Posts.
    how is this not price sensitive when they are talking about "The review by the Company has noted irregularities which have resulted in proceedings by Skyland against former executive management and identified substantial liabilities with a major financial impact on the Company’s accounts. As most of the irregularities have occurred through the subsidiaries of Skyland Petroleum Holdings Limited (incorporated under Cayman law, OG-296850), the directors of the Company have resolved to cease any financial assistance to Skyland Petroleum Holdings Limited and its subsidiaries and to pursue legal action against the directors of Skyland Petroleum Holdings Limited, Ms Elizabeth Landles and Mr Mark Sarssam (also formerly executive directors of the Company), and the former Chief Financial Officer of the Company, Ms Denise Lay"
 
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Currently unlisted public company.

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