BORNOIL
Bonus Issue
BORNEO OIL BERHAD |
EX-date | 24 May 2017 |
Entitlement date | 26 May 2017 |
Entitlement time | 05:00 PM |
Entitlement subject | Bonus Issue |
Entitlement description | Bonus issue of up to 528,085,453 new warrants in Borneo Oil Berhad ("Bornoil") ("Warrant(s) D") on the basis of one (1) free Warrant D for every eight (8) existing ordinary shares in Bornoil ("Bornoil Share(s)") held as at 5.00 p.m. on 26 May 2017 ("Bonus Issue of Warrants") |
Period of interest payment | to |
Financial Year End | |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
Registrar or Service Provider name, address, telephone no | LABUAN CORPORATE SERVICES SDN BHD 1st & 2nd Floor, Victoria Point Jalan OKK Awang Besar 87007W.P. Labuan Tel:087410748 Fax:087410515 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 26 May 2017 |
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
Number of new shares/securities issued (units) (If applicable) | |
Entitlement indicator | Ratio |
Ratio | 1 : 8 |
Rights Issue/Offer Price | |
Par Value | Malaysian Ringgit (MYR) 0.000 |
Remarks : |
Shareholders are advised to read this notice of book closure together with the Company's announcements dated 12 May 2017 in relation to the notice of book closure for the Bonus Shares, adjustments to Warrants B and adjustments to Warrants C, respectively. The Warrants D will be listed and quoted simultaneously with the Bonus Shares, additional Warrants B and additional Warrants C two (2) market days after the receipt of the quotation application by Bursa Malaysia Securities Berhad. The notice of allotment of the Warrants D will be issued and despatched to the entitled shareholders in due course. Warrant B holders and/ or Warrant C holders who wish to be entitled to the Bonus Shares and free Warrants D should exercise their rights to subscribe for new Bornoil Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Labuan Corporate Services Sdn Bhd, on or before 5.00 p.m. on 16 May 2017. This is to enable the new Bornoil Shares to be issued arising from such exercise to be allotted to the respective Warrant B holders and/ or Warrants C holders such that their names will appear on the Record of Depositors of Bornoil Shares as at 5.00 p.m. on 26 May 2017. Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant. This announcement is dated 12 May 2017. |
Announcement Info
Company Name | BORNEO OIL BERHAD |
Stock Name | BORNOIL |
Date Announced | 12 May 2017 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-12052017-00004 |