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P99 - RTO
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Tanahkow
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15-Aug-2013 09:32
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A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the group operates and any known factors or events that may affect the group in the next reporting period and the next 12 months. The slowdown of the PRC economy has further hampered the Group?s Pele Café business in Beijing. The Group will review the viability of continuing this business, and to deploy resources more efficiently. The Group is currently working to complete its proposed acquisition of the Benakat Timur Oilfield, which is subject to, inter alia, shareholders? approval at an extraordinary general meeting to be convened. The economic environment continues to be uncertain. However, the Group shall continue to tap into available opportunities |
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