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Baron Oil Becomes Sunda Energy After AGM

Baron Oil (GB:BOIL) has released an update.

Baron Oil PLC, now renamed Sunda Energy Plc following shareholder approval, has successfully passed all resolutions at its recent AGM, with a notable 41% dissent on the reappointment of Director Keith Bush. The company underscores its commitment to shareholder engagement and will maintain open communication to address any concerns. Despite the significant opposition for one director, the name change to Sunda Energy Plc will proceed, with no impact on shareholders’ existing share certificates.

For further insights into GB:BOIL stock, check out TipRanks’ Stock Analysis page.

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