Brightoil: Delay in release of 2018 financial results

Hong Kong-listed Brightoil Petroleum has announced a delay in the release of its 2018 financial results.

“Further announcement(s) will be made in respect of the expected dates of publication of 2017 annual results and 2018 interim results and the despatch of 2017 annual report and 2018 interim report, and the meeting of the board for the purpose of, inter alia, approving and publishing the same as soon as practicable,” it said.

Earlier in February, Brightoil engaged an independent adviser to assist with the company’s review.

Manifold Times earlier reported Brightoil redeeming all outstanding unconverted Listed Convertible Bonds with a principal amount of $9.6 million in full on 12 February 2018.

Related: Update on suspension of trading
Related: Brightoil redeems $9.6 million in outstanding bonds

Published: 1 March, 2018