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99.5¢ linc energy ltd

sgx update today, page-6

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PennyP

2,854 Posts.

40

28/06/17

11:55

Post #: 25536126
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Originally posted by Green Hornet ↑

Penny got this back from PPB last week and is their response to the announcement

'The SGX listed shell is an asset of Linc Energy Ltd (In liquidation) which the liquidators have sought to preserve for the benefit of creditors. The application made for a waiver of reporting requirements and a delay in providing the resumption proposal align with our strategy to preserve the listing with minimal ongoing cost requirements whilst the Queensland Government progresses criminal proceedings against the Company and its former officers.'

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Thanks GH, i thought as much but still no information on what is happening with the court dramas.

LNC Price at posting: 99.5¢ Sentiment: None Disclosure: Not Held
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