PERDANA
Others
| PETRA PERDANA BERHAD |
|
EX-date | 21/06/2007 |
| Entitlement date | 25/06/2007 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | RENOUNCEABLE RESTRICTED ISSUE OF 6,765,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PETRA ENERGY BERHAD ("PETRA ENERGY") ("PETRA ENERGY SHARES"), A WHOLLY-OWNED SUBSIDIARY OF PETRA PERDANA BERHAD ("PETRA PERDANA"), TO THE ENTITLED SHAREHOLDERS OF PETRA PERDANA ON THE BASIS OF ONE (1) NEW PETRA ENERGY SHARE FOR EVERY FORTY (40) EXISTING ORDINARY SHARES OF RM0.50 EACH IN PETRA PERDANA HELD BY THE ENTITLED SHAREHOLDERS OF PETRA PERDANA AT 5.00 P.M. ON 25 JUNE 2007, AT AN ISSUE PRICE OF RM2.62 PER PETRA ENERGY SHARE PAYABLE IN FULL UPON APPLICATION, IN CONJUNCTION WITH THE LISTING OF PETRA ENERGY ON THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD ("PUBLIC ISSUE") ("RESTRICTED ISSUE") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 25/06/2007 to 25/06/2007 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrars Sdn Bhd, Level 26, Menara Multi-Purpose, Capital Square, No. 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur (Telephone Number: 603-2721 2222) |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25/06/2007 |
| 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) | 6765000 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 40 |
| Rights Issues/Offer Price | 2.62 |
| Remarks : |
| The prospectus to be issued by Petra Energy Bhd ("Prospectus") is prepared and published solely for the Petra Energy Shares ("Public Issue Shares") to be issued under the Public Issue in Malaysia under the laws of Malaysia. The Petra Energy Shares are to be offered in Malaysia solely based on the contents of the Prospectus. Petra Energy and its advisers have not authorised anyone to provide potential investors with information which is not contained in the Prospectus. The success of the Public Issue is also exposed to the risk that it may fail or be delayed should any of the following events occur: (i) the placees for the Bumiputera investors and other investors fail to subscribe for their portion of the Public Issue Shares allocated to them; and/or (ii) Petra Energy is unable to meet the public spread requirement of at least 25% of Petra Energy’s total number of shares for which listing is sought is in the hands of a minimum number of 1,000 public shareholders holding not less than 100 Petra Energy Shares each. Although Petra Energy and its advisers will endeavour to secure the listing and ensure compliance with the Listing Requirements of Bursa Malaysia Securities Berhad, no assurance can be given that the abovementioned factors will not cause a delay in or failure of the listing. In the event of a failure of the listing, monies received from the application for the Public Issue Shares will be subsequently refunded without interest to the applicants. Further details of the Restricted Issue will be set out in the Prospectus in relation to the Public Issue, which will be despatched to the shareholders of Petra Perdana in due course. This announcement is dated 11 June 2007. |
Announcement Info
| Company Name | PETRA PERDANA BERHAD |
| Stock Name | PETRA |
| Date Announced | 11 Jun 2007 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-070608-51252 |