Common Contracts

ANNOUNCEMENT ON EXTENSION OF LONG STOP DATE FOR FULFILMENT OF GSO CONDITIONS PRECEDENT UNDER THE SET-OFF AND SETTLEMENT AGREEMENT WITH SWIBER HOLDINGS LIMITED AND SWIBER OFFSHORE CONSTRUCTION PTE LTD

Set-Off and Settlement Agreement • December 26th, 2019

• Contract Type
  Set-Off and Settlement Agreement
• Filed
  December 26th, 2019

The Board of Directors (the “Board”) of Vallianz Holdings Limited (the “Company” and together with its subsidiaries and associated companies, the “Group” ) refers to (a) the Set-off and Settlement Agreement dated 24 May 2017 entered into between the Company, SHL and SOC, as amended and supplemented by a supplemental agreement dated 6 November 2017 entered into between the same parties; (b) the Company’s circular (the “Circular”) to the shareholders of the Company dated 29 September 2016 and (c) the Company’s announcements dated 3 October 2016, 13 October 2016, 24 May 2017 (“May 2017 Announcement”), 6 July 2017, 6 November