Inactive Instrument

Star Phoenix Group

Equities

STA

AU0000067084

Star Phoenix Group Ltd Announces Board Changes

May 31, 2022 at 06:38 am EDT

Star Phoenix Group Ltd. at its meeting held on May 31, 2022 The Board elected and appointed Mr. Lubing Liu as Executive Chairman effective from 1 June 2022; The Board also appointed Mr. Mu (Robin) Luo as Company Secretary and Executive Director effective from 1 June 2022. Mr. Luo's appointment as Non-Executive Director will cease on 31 May 2022; and The Board approved Mr. Zhiwei (Kerry) Gu's appointment as Executive Chairman will cease on 31 May 2022. Mr. Gu will remain as a Non-Executive Director effective from 1 June 2022.

Latest news about Star Phoenix Group

Star Phoenix Group Ltd Announces Board Changes	23-07-03	CI
Star Phoenix shares temporarily suspended as adviser resigns	23-06-20	AN
Star Phoenix Appoints Meng Yufeng as an Non-Executive Director to the Board with Immediate Effect	23-04-06	CI
Gfinity revenue up; Pensana warns on funding needs	23-03-31	AN
Star Phoenix Group Ltd Reports Earnings Results for the Half Year Ended December 31, 2022	23-03-31	CI
Star Phoenix legal win; Hamak Gold survey underway	23-03-27	AN
Star Phoenix Says London Arbitration Court Dismissed LandOcean's Renewed Application	23-03-27	MT
Star Phoenix Group Ltd Announces Resignation of Zhiwei Gu as Non-Executive Director	23-03-02	CI
AIM WINNERS & LOSERS: Live Co up on strong ticket sales for Formula E	23-02-24	AN
FTSE 100 underperforms as rate worries weigh	23-02-23	AN
AIM WINNERS & LOSERS: Quadrise says fuel cleared by Moroccan customs	23-02-23	AN
AIM WINNERS & LOSERS: Star Phoenix jumps on AIM readmission	23-02-22	AN
Star Phoenix loss narrows but Petra's widens	23-02-21	AN
Star Phoenix Group Ltd Reports Earnings Results for the Full Year Ended June 30, 2022	23-02-21	CI
UK shareholder meetings calendar - next 7 days	23-01-24	AN
TRADING UPDATES: Fiinu teams with TransUnion; GRC wins pact	22-12-23	AN
LONDON MARKET CLOSE: Stocks higher despite downbeat UK data	22-12-19	AN
UK shareholder meetings calendar - next 7 days	22-12-12	AN
TRADING UPDATES: MaxCyte in deal; Angus to resume Saltfleetby drilling	22-12-05	AN
Star Phoenix Group Unit Seeks Damages Over Breach of Contracts in Trinidad and Tobago	22-08-04	MT
Star Phoenix Appoints New Executive Chairman	22-05-31	MT
Star Phoenix Group Ltd Announces Board Changes	22-05-31	CI
Star Phoenix Files For Delay Final Arbitration Hearing In LandOcean Case	22-05-27	MT
Star Phoenix Group Ltd Reports Earnings Results for the Half Year Ended December 31, 2021	22-04-28	CI
Earnings Flash (STA.L) STAR PHOENIX GROUP Posts FY21 Revenue $99,000	21-12-24	MT

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Company Profile

Star Phoenix Group Ltd is an Australia-based company with an oilfield services business in Trinidad and an oil and gas interest in Indonesia. The Company is evaluating divestment opportunities of its existing portfolio to focus on new acquisitions and investments in other projects. The Company's operations include Trinidad Oilfield Services, and Indonesia Oil and Gas Project. The Company owns an oilfield services provider based in Trinidad (RRDSL). RRDSL has modern drilling rig fleets in the Caribbean with the capacity to drill onshore wells in Trinidad. The fleet comprises approximately seven onshore land rigs, five drilling and two production rigs and related equipment. The Company owns approximately 23% interest in the Perlak field located in the hydrocarbon province of Northern Sumatra and covers an area of approximately 10.4 square kilometers. The Perlak field drilled approximately 300 wells, with 250 of those put into production.

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