KENCANA

3.300

(%)

Circular/Notice to Shareholders

KENCANA PETROLEUM BERHAD

SubjectPROPOSED MERGER OF THE BUSlNESSES OF KENCANA PETROLEUM BERHAD ("KENCANA PETROLEUM") AND SAPURACREST PETROLEUM BERHAD
CIRCULAR TO SHAREHOLDERS IN RELATION TO
PART A
PROPOSED DISPOSAL OF THE ENTIRE BUSINESS AND UNDERTAKINGS OF KENCANA PETROLEUM, INCLUDING ALL ITS ASSETS AND LIABILITIES AS AT THE COMPLETION DATE TO INTEGRAL KEY BERHAD FOR A TOTAL CONSIDERATION OF RM5,979,564,078 ("MERGER CONSIDERATION"); AND
PROPOSED DISTRIBUTION OF THE MERGER CONSIDERATION EQUIVALENT TO RM3.00 PER ORDINARY SHARE OF RM0.10 EACH IN KENCANA PETROLEUM INCLUDING A PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL, PROPOSED BONUS ISSUE, PROPOSED CAPITAL REPAYMENT AND PROPOSED SHARE ISSUE
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
PART B
INDEPENDENT ADVICE LETTER TO SHAREHOLDERS IN RELATION TO THE PROPOSALS

Attachments

KENCANA-Cover to Page 150.pdf
1673 KB




KENCANA-Page 151 to ProxyForm.pdf
3117 KB





Announcement Info

Company NameKENCANA PETROLEUM BERHAD  
Stock Name KENCANA    
Date Announced23 Nov 2011  
CategoryDocument Receipt
Reference NoGR-111123-52974

View original announcement