In June 2020, the Board of Directors of Geo Energy Resources Limited (SGX: RE4) announced a potential dispute related to the Company’s corporate action dated September 2019. The corporate action in question is related to the purchase of 100 percent of the existing shares in PT Titan Global Energy (PT TGE), a part of PT Titan Infra Energy (PT TIE). The current or former shareholders of PT TIE are reportedly in dispute in Indonesia.
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