4th Mar 2020 11:57
(Alliance News) - Oilfield services firm Star Phoenix Group Ltd on Wednesday said that a tax appeal hearing will be heard by a court in Trinidad on Monday.
Shares were 37% lower at 1.02 pence each in London on Wednesday morning in London.
Star Phoenix said: "The ongoing tax appeal matters that the company is involved in have been scheduled for hearing by the court in Trinidad for March 9. The company will provide further details as and when appropriate."
Back when it was called Range Resources Ltd, the company in November said the matter was adjourned until the end of January.
At the end of January, it reported that the matter would be heard later in 2020, but fell short of giving a date.
By Eric Cunha; [email protected]
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