Business
Jadestone Announces New Malaysia Office
Jadestone Announces New Malaysia Office.
About this update from Jadestone Energy Plc
[{"type":"text","content":"\n \nRNS Number : 4543B Jadestone Energy Inc. 10 January 2018 \n\n \n \nJadestone Energy Announces New Malaysia Office,\nCompletes Phased Relocation of Three Heritage Offices\n \nKuala Lumpur, January 10, 2018: Jadestone Energy Inc. (TSXV: \"JSE\") (the \"Company\") is pleased to announce the new location of its Malaysia office. Effective immediately, the Company's Kuala Lumpur-based team has relocated to:\n \nJadestone Energy Sdn Bhd\nSuite 22.1, Level 22, Menara IMC\n8 Jalan Sultan Ismail\n50250 Kuala Lumpur\nMalaysia\n \nAs part of its strategy to be as efficient and cost effective as possible, Jadestone Energy has always elected to maintain key corporate functions in Kuala Lumpur. The office provides core group accounting, finance and planning personnel, key subsurface technical resource, and group information technology. \n \n\"Malaysia is Jadestone's technical centre of excellence, and this office move, simultaneously both reducing office costs while upgrading on critical equipment and IT hardware, reflects our commitment to ensure the teams in Kuala Lumpur continue to deliver top quality performance to the businesses,\" said Paul Blakeley, President and Chief Executive Officer. \"Malaysia has always been a key source of technical talent for Jadestone, and we intend to continue relying on the Kuala Lumpur office to help drive our continued success throughout the Asia/Pacific region.\"\n \nThis office move now completes the phased relocation of the three heritage Mitra offices, namely Ho Chi Minh City, Jakarta, and Kuala Lumpur, resulting in a 50% reduction in ordinary monthly office rental costs for the three locations, in US dollar terms. All relevant correspondence should be directed to the new offices.\n \n-ends-\n \nFor further information, please contact:\nMedia and General Enquiries Investor Enquiries\nEmail: [email protected] Email: [email protected]\nPhone: +65 6342 0359 &...