News: OBL Oil Basins receives letter from ASIC in relation to conduct of ex-Chairman

Sept 29 (Reuters) - Oil Basins Ltd (OBL) :

• Received a letter from australian securities & investments commission (asic) in relation to conduct of then chairman k.m. Mcgrath
• Asic is concerned that chairman has failed in his duty to record true result of members of oil basins limited at 2015 agm
• Letter in relation to conduct of then chairman ( k.m. mcgrath) at 2015 annual general meeting (agm) held in melbourne on 30 november 2015
• Board will be conducting a review of voting and actions of chairman at 2015 agm