RL

0.215

-0.005 (-2.3%)

MULTIPLE PROPOSALS RESERVOIR LINK ENERGY BHD ("RLEB" OR THE "COMPANY") (I) PROPOSED ACQUISITION; AND (II) PROPOSED LTIP, (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

RESERVOIR LINK ENERGY BHD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
RESERVOIR LINK ENERGY BHD ("RLEB" OR THE "COMPANY")

(I)	PROPOSED ACQUISITION; AND

(II)	PROPOSED LTIP,

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements dated 7 October 2025, 14 November 2025 and 1 December 2025 in relation to the Proposals. Unless otherwise defined, the definitions set out in the previous announcements dated 7 October 2025 and 14 November 2025 shall apply herein.

 

On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 9 December 2025, resolved to approve the listing of and quotation for:-

 

  1. 18,688,347 new RLEB Shares to be issued pursuant to the Proposed Acquisition; and
  2. such number of new Shares, representing up to 15% of the total number of issued shares of RLEB (excluding treasury shares, if any), to be issued pursuant to the Proposed LTIP.

 

The approval by Bursa Securities is subject to the following conditions:-

 

  1. confirmation by UOBKH on the compliance of at least 25% of the public shareholding spread requirements pursuant to Paragraph 8.02(1) of the Listing Requirements upon the listing and quotation of the Consideration Shares;
  2. RLEB to furnish Bursa Securities with the certified true copy of the resolutions passed by the shareholders at the extraordinary general meeting approving the Proposals;
  3. UOBKH and RLEB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposals;
  4. UOBKH and RLEB to inform Bursa Securities upon the completion of the Proposed Acquisition;
  5. UOBKH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Acquisition is completed;
  6. UOBKH is required to submit a confirmation to Bursa Securities of full compliance of the Proposed LTIP pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation; and
  7. UOBKH is required to furnish Bursa Securities on a quarterly basis a summary of the total number of RLEB Shares listed pursuant to the Proposed LTIP as at the end of each quarter together with a detailed computation of listing fees payable.

 

 

This announcement is dated 9 December 2025.






Announcement Info

Company Name RESERVOIR LINK ENERGY BHD
Stock Name RL
Date Announced 09 Dec 2025
Category General Announcement for PLC
Reference Number GA1-09122025-00046