We refer to our announcements dated 7 May 2013, 28 February 2013, 31 May 2013, 28 June 2013, 31 July 2013, 3 September 2013, 4 October 2013, 31 October 2013, 29 November 2013, 31 December 2013, 30 January 2014, 28 February 2014, 31 March 2014, 30 April 2014, 30 May 2014, 30 June 2014, 31 July 2014, 29 August 2014, 30 September 2014 AND 31 October 2014.
In Compliance with the paragraph 3.2 of Practice Note 1 ("PN1"), the Board of Directors of Global Carriers Bhd wishes to inform that there has been no material development on the default status as previously announced.
This announcement is dated 28 November 2014.