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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Peninsular | LSE:PGL | London | Ordinary Share | GB00B09TKL88 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.25 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMPGL
RNS Number : 7751C
Peninsular Gold Limited
20 March 2014
PENINSULAR GOLD LIMITED
('Peninsular' or the 'Company')
Defamation Proceeding
The Company has previously announced on 9(th) July 2012 that Raub Australian Gold Mining Sdn Bhd ("RAGM") had instituted defamation proceedings against two online publications along with several of their journalists.
One of the defamation proceedings brought by RAGM was against MToday News Sdn Bhd and its reporter, Ms. Aneesa Alphonsus ("Defendants"). MToday News Sdn Bhd operates and controls an online news portal known as Free Malaysia Today ("Website"). The defamation proceeding was brought as a result of the Defendants having published a number of defamatory statements of RAGM, suggesting that RAGM has directly caused the alleged ill-health and/or alleged deaths of residents of Kampung Bukit Koman and has been irresponsible in carrying out operations at its Carbon-In-Leach plant.
The parties have agreed to settle the defamation proceeding amicably with the Defendants agreeing to make an unequivocal and public apology, which was made in open court today and within forty-eight (48) hours publishing an agreed Statement of Apology on its Website. The Defendants in their apology have admitted that there is no foundation to any of the allegations made and unreservedly withdraw all imputations cast upon RAGM. The 2(nd) Defendant, Ms. Aneesa Alphonsus has specifically apologised for not having independently verified the accuracy of the allegations made by certain individuals prior to the publication of the defamatory articles. The Defendants have further agreed and undertaken not to publish similar statements of a defamatory nature in the future.
Dato' Sri Andrew TY Kam, Chairman and Chief Executive of Peninsular Gold Limited said:
"We commend MToday News Sdn Bhd for the honesty and integrity displayed in their apology today. Justice and truth have been upheld - a true upholding of a free, independent and mature society. We felt that it was important and a matter of principle for the Company to stand up and defend its operations and to uphold its reputation as we have endured constant and unsubstantiated attacks by various group over the years."
End
Dato' Sri Andrew TY Kam Patrick Watson Chairman and Chief Executive Finance Director Peninsular Gold Limited Peninsular Gold Ltd. Tel: +60 (0)3 2698 8381 Tel: +44 (0)7799 885653 -------------------------------- --------------------------- Samantha Harrison/Craig Francis Colin Rowbury Nominated Advisor Broker RFC Ambrian Limited Daniel Stewart & Co. Ltd. Tel: +44 (0)20 3440 6800 Tel: +44 (0)20 7776 6936 -------------------------------- ---------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRSEUSASFLSEED
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