News about Great Offshore Limited
August 22nd, 2007
The media had reports on August 20, 2007 that Great Offshore Limited may acquire Norwegian offshore company PetroJack for $500 million.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Great Offshore Limited has vide its letter inter-alia stated, “With a view to business expansion, the Company is exploring various opportunities available to it in its line of business. However as of date, the Company has not finalized any new acquisitions, as and when any expansion plans are finalised, the Company will inform the Exchange accordingly.”
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>