Sona obtains court order on winding up company


In a filing with Bursa Malaysia, Sona said Credit Suisse had acquired the 2.62 million shares on Aug 17. Following the acquisition, Credit Suisse owned 235.9 million Sona shares.

PETALING JAYA: Spcial purpose acquisition company (SPAC) Sona Petroleum Bhd has obtained a High Court order to empower the SPAC’s liquidators for the completion of its winding-up process.

Sona Petroleum said in a filing with Bursa Malaysia that the order empowers the liquidators to appoint a team of professionals to assist them in completing the procedures of winding-up the firm.

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