• By The Financial District

Basic Energy Defers Auction Of Delinquent Shares

The Board of Directors of Basic Energy Corporation, in its special board meeting held on August 6, 2021, via remote communication at which a quorum was present, and on motion duly seconded unanimously approved the postponement and rescheduling of the Public Auction of Delinquent Shares originally scheduled for August 10, 2021, due to the ECQ declaration in the NCR effective August 6 to 20, 2021.

Photo Insert: Basic Energy Corporation has business interests in various fields of renewable energy and alternative fuels, and oil and gas exploration and development.

The said Public Auction is rescheduled to take place after the end of the ECQ period, on 23 August, 2021, at 10:00 A.M. at the Company’s office at UB 111 Paseo de Roxas Building, Paseo de Roxas, Legaspi Village, Makati City.

The Company shall issue subsequent bid bulletins on the details of the rescheduled public auction, which shall be posted at the Company’s website at www.basicenergy.ph.


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