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SEC advises IFEC shareholders to vote on director appointments at 2nd extraordiary meeting



Thursday 9 February 2017 | No. 5 / 2017



Bangkok, 9 February 2017 ? The SEC advises the shareholders of Inter Far East Energy Corporation (IFEC) to attend the 2nd extraordinary shareholders? meeting No. 2/2560 to exercise their voting right regarding director appointments to remove legal restrictions and allow the company to resume business.

The critical issues to be considered at the meeting are crutial to the company's ability to resume normal business operation; primarily the meeting will consider the appointment of additional directors to meet the requirement and solve  the existing legal issues , and the repayment on bills of exchange and debentures. Failure to reach a resolution for the director appointments would materially affect IFEC's future status and business operation.                                                                                                     

The SEC, therefore, urges the shareholders to study relevant information carefully and seek clarifications from the IFEC management before exercising their voting right to ensure that appropriate persons are appointed to prevent other limitations that may impose on the company's business management.

IFEC's 2nd extraordinary shareholders? meeting will be held on 14 February 2017 at 10.00 a.m. at the Royal Thai Navy Convention Hall on Arun Ammarin Road, Bangkok.