Related Party Transaction • Mar 23, 2020
Related Party Transaction
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| Date of Announcement | 23 March 2020 |
|---|---|
| Reference | 202/2020 |
| Listing Rule | LR 5.16 |
The Company, through one of its subsidiary companies, Medserv Operations Limited, signed a long term agreement with Air Liquide, through its subsidiary Air Liquide Oil & Gas Services Ltd (ALOS), to install and operate a compressed gases filling plant to provide diving and welding gases to the offshore industry in Mediterranean.
The facility will be installed at the Company's base in the Malta Freeport. The transaction is subject to required approvals and will commence once received.
Laragh Cassar Company Secretary
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