Update on Resumption of Trading
Kingsgate Consolidated (ASX:KCN) (“Kingsgate” or the “Company”) has requested the Australian Securities Exchange (“ASX”) to reinstate its securities to trading following release of its Target’s Statement which will respond to the proportional takeover offer by Northern Gulf Petroleum International Pte. Ltd.
Kingsgate will be releasing its Target’s Statement to the ASX prior to the market opening on Monday, 17 October 2016, and the ASX has agreed that the Company’s securities will be reinstated following a short delay.
Chief Executive Officer
Kingsgate Consolidated Limited