SGC 11.1% 0.5¢ sacgasco limited

Ann: Trading Halt, page-2

  1. 5,319 Posts.
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    Hhhhmmmm interesting. A TH "regarding the divestment of its Filipino operations".

    There are two things still to happen before it can be divested 1) getting shareholder approval 2) getting approval from the Philippines DoE.

    They wouldn't issue a TH to say they are having a shareholder meeting, so perhaps it is in relation to the DoE giving approval?

    It would probably also explain the delay for the shareholder meeting, they were waiting for the DoE approval first which makes sense.
 
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