BARAKAH
Others
| VASTALUX ENERGY BERHAD |
|
EX-date | 02/10/2013 |
| Entitlement date | 04/10/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | Share exchange of the entire issued and paid-up share capital of VEB of RM51,560,000 comprising 206,240,000 ordinary shares of RM0.25 each in VEB (“VEB Shares”) for 9,518,769 new ordinary shares of RM0.20 each in Barakah Offshore Petroleum Berhad (“Barakah Shares”) on the basis of three (3) new Barakah Shares for every sixty-five (65) VEB Shares held at the Entitlement Date pursuant to Section 176 of the Companies Act, 1965 (“Share Exchange”) |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 04/10/2013 to 04/10/2013 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Equiniti Services Sdn Bhd Level 8, Menara MIDF 82, Jalan Raja Chulan 50200 Kuala Lumpur Tel no.: (603) 2166 0933 Fax no.: (603) 2166 0688 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 04/10/2013 |
| 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) | 9518769 |
| Entitlement indicator | Ratio |
| Ratio | 3 : 65 |
| Rights Issues/Offer Price | |
| Remarks : |
| All VEB Shares deposited in the CDS accounts of the shareholders of VEB as at the Entitlement Date will be debited from their respective CDS accounts and the new Barakah Shares pursuant to the Share Exchange will be credited directly by Bursa Malaysia Depository Sdn Bhd into the same CDS account in which the existing VEB Shares are currently deposited. This announcement is dated 27 September 2013. |
Announcement Info
| Company Name | VASTALUX ENERGY BERHAD |
| Stock Name | VASTALX |
| Date Announced | 27 Sept 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-130927-65329 |