Business Daily Media

Men's Weekly

.

Terraoil Swiss AG: Terraoil Provides Update on Next Shareholders’ Meeting

Preparations for Next AGM Advance with Significant Progress in Audits

STEINHAUSEN, SWITZERLAND - EQS Newswire - 19 August 2022 - Terraoil Swiss AG, an energy company with a strong focus on the Mediterranean is pleased to announce that the Company is making significant progress toward holding its Annual Shareholders' Meetings for the fiscal years 2020 and 2021.

The main milestone for the circulation of the invitation for the meeting is the completion of the audits for both years which are presently being conducted in Albania and Switzerland by a&o kreston audit ag. The audit of the 2020 statutory financial statements in Switzerland has been substantially completed and the 2021 audit is set to commence immediately upon completion of the 2020 audit. Correspondingly, the audits of the statutory financial statements in Albania are also nearing completion. The consolidated financial statements for the group will be audited as soon as the individual component audits are completed. The invitation for the AGM will be sent to shareholders as soon as the statutory audits are completed in Switzerland.

Chief Executive Officer, Peter Krempin commented:

"The audits are progressing extremely well in both Switzerland and Albania, particularly in consideration of the fact that they are taking place during the summer months and are dependent on staff availability. We are looking forward to circulating the invitation for the Annual General Meetings for 2020 and 2021 in the coming weeks. The AGM will be our first opportunity for a face-to-face meeting with our shareholders since the crisis triggered by the pandemic and we look forward to meeting with our shareholders to provide the financial statements and an update on our accomplishments and future outlook."

If you are an Terraoil shareholder and would like additional information, contact Peter Krempin either via email investors@terraoil.swiss or by telephone at +41 71 544 01 20.


Hashtag: #TerraoilSwissAG

About Terraoil Swiss AG

Terraoil is an international energy company with a focus to identify and rapidly advance business opportunities in the upstream oil and gas and renewable energy sectors in the Mediterranean region.


Terraoil forward-looking statements
This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Terraoil Swiss AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seqq. of the Swiss Federal Act on Financial Services. In addition, investors should seek advice from their bank or their financial adviser. This media release and the information contained therein are not being issued for the purpose of selling shares in the United States of America, Australia, Canada, Japan, the United Kingdom, or the European Economic Area and must not be distributed within or to such countries or via publications with a general circulation in such countries.

This media release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. Readers should therefore not rely on these forward-looking statements. The forward-looking statements contained in this media release are based on the views and assumptions of Terraoil Swiss AG as of this date and Terraoil Swiss AG does not assume any obligation to update or revise this media release.

News from Asia

HKPC Makes Its Debut at China International Industry Fair 2025

Leading Future Manufacturing with AI Taking 54 Hong Kong Enterprises to Explore Overseas Opportunities HONG KONG SAR - Media OutReach Newswire - 15 September 2025 - Hong Kong Productivity Counc...

PAObank and China Ping An Insurance (Hong Kong) Launch Strategic Partnership, Bringing Integrated Banking and Insurance Solutions, Shaping a Digital Bank with Insurance DNA

PAObank 5th Anniversary Treasure Reward UNLOCK High-Interest Time Deposit and Travel Insurance All in OneHONG KONG SAR - Media OutReach Newswire - 15 September 2025 - PAO Bank Limited ("PAObank")...

MINT Incorporation Limited Announces the Launch of New Subsidiary, Axonex Intelligence Limited, Expanding into Smart Facility Management Solutions

HONG KONG SAR - Media OutReach Newswire - 15 September 2025 - MINT Incorporation Limited (NASDAQ: MIMI) ("MINT" or the "Company"), a leading Hong Kong-based provider of integrated interior design...

Merlin Entertainments' LEGOLAND® Discovery Centre Hong Kong Halloween Special Event: "Monster Party" Unleashes a Brick-or-Treat Adventure

HONG KONG SAR - Media OutReach Newswire - 16 September 2025 - From now until 2 November 2025, LEGOLAND® Discovery Centre Hong Kong, part of Merlin Entertainments Group, invites LEGO® fans of all a...

Allianz Trade in Asia Pacific appoints CEO for Hong Kong Hub

HONG KONG SAR - Media OutReach Newswire - 16 September 2025 - Allianz Trade in Asia Pacific is pleased to appoint Hassan Omaish to the role of CEO for Hong Kong, South Korea and Taiwan (collectiv...

Parisian Luxury Debuts in Bangkok: Rabbit Holdings, under BTS Group, in cooperation with Ananda Unveil "THE RESIDENCES 38" Bangkok’s Ultra-Luxury Condominium with First-Ever Private Fine Dining Kitchen—Together with La Clef Bangkok by The Crest Collection

The French Art de Vivre comes to Sukhumvit 38, combining the ultra-luxury living of The Residences 38, the refined hospitality of La Clef Bangkok by The Crest Collection, and exclusive private dini...

Hongkong Land's BaseHall becomes Hong Kong’s first F&B venue to achieve "Triple Platinum" green building certifications

Hongkong Land sets a new industry benchmark in F&B sustainability, achieving platinum certifications across BEAM Plus, LEED and WELL standards HONG KONG SAR - Media OutReach N...

Iglesia Ni Cristo's Care for Humanity Provides Support to International Students and Newcomers in Nine Canadian Cities

TORONTO, CANADA - ACCESS Newswire - September 16, 2025 - The Felix Y. Manalo (FYM) Foundation, the charitable arm of the Iglesia Ni Cristo (INC) or Church of Christ, expanded its global outreach ...

DL Holdings x Bitmain/Antalpha Miner: Hong Kong's First Bitcoin Hashrate Stock

HONG KONG SAR - Media OutReach Newswire - 16 September 2025 - After trading hours on 15 September 2025, DL Holdings Group Limited (HKEX: 1709) announced a major strategic cooperation with Fortune ...

Green SM expands all-electric taxi service to Bekasi, supporting the city’s smart mobility vision

BEKASI, INDONESIA - Media OutReach Newswire - 16 September 2025 - Green SM, the pioneering all-electric taxi service under GSM, has officially launched in Bekasi. From today, residents and visitor...

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...

MR Roads named Queensland Finalist in the 2025 Telstra Best of Business Awards

MR Roads, co-founded by Daniel Mikus and James Rolph, has been announced as a Queensland finalist in the prestigious 2025 Telstra Best of Business...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Sell by LayBy