Jutal Offshore Oil Services (HK:3303) has released an update.
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Jutal Offshore Oil Services Limited has announced that its subsidiary, Penglai Jutal, has been added to the US OFAC SDN List, which may potentially impact the company’s business and future prospects. The Company is currently assessing the implications and will continue to communicate with stakeholders as the situation evolves. Trading of the company’s shares, which was halted, will resume on the Hong Kong Stock Exchange as of 9:00 a.m. on June 14, 2024.
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