August 12, 2013

Company announcements: SONA, YINSON, FRB

SONA - OTHERS INITIAL PUBLIC OFFERING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD - REDEMPTION OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES

Announcement Type: General Announcement
Company NameSONA PETROLEUM BERHAD  
Stock Name SONA  
Date Announced12 Aug 2013  
CategoryGeneral Announcement
Reference NoCM-130812-54674

TypeAnnouncement
SubjectOTHERS
DescriptionINITIAL PUBLIC OFFERING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD - REDEMPTION OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES

The Board of SONA PETROLEUM BERHAD (Formerly known as Titanium Windfall Sdn. Bhd.) wishes to announce that the redemption of the balance 2,740 Redeemable Convertible Preference Shares held by Platinum Autumn Sdn. Bhd. has been completed.

This announcement is dated 12 August 2013.



YINSON - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced12 Aug 2013  
CategoryGeneral Announcement
Reference NoMB-130812-55439

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionYINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”)

(I) PROPOSED ACQUISITION; AND
(II) PROPOSED SHARE ISSUANCE

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)
This announcement is dated 12 August 2013.
Reference is made to the announcements dated 31 May 2013, 10 June 2013, 12 June 2013, 17 June 2013, 5 July 2013, 25 July 2013 and 2 August 2013 in relation to the Proposals (“Earlier Announcements”). Unless otherwise defined, all capitalised terms used in this announcement shall have the same meaning ascribed to them in the Earlier Announcements.

On behalf of the Board of Directors of YHB, AmInvestment Bank Berhad wishes to announce that, FOP had on 8 August 2013, announced that YPL has received acceptances for a total of 11,641,633 FOP Shares representing approximately 11% of the total issued shares and votes in FOP. Together with the irrevocable pre-acceptance of the Offer from First Olsen, FOP's majority shareholder, for its 65,191,200 FOP Shares, representing 61.54% of the total issued shares and votes of FOP, as of 7 August 2013, YPL has the right to acquire 76,832,833 shares in the Company upon consummation of the Offer, representing 72.53% of the total issued shares and votes in FOP. Completion of the Offer is subject to the satisfaction or waiver of the conditions as set out in the Offer Document.

Please refer to the following website for further details on the announcement:-

http://www.newsweb.no/newsweb/search.do?messageId=333277


FRB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced12 Aug 2013  
CategoryGeneral Announcement
Reference NoMI-130812-62507

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionFORMIS RESOURCES BHD (“FRB” OR THE “COMPANY”)

UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY FORMIS HOLDINGS BERHAD (“FHB” OR THE “OFFEROR”), A WHOLLY-OWNED SUBSIDIARY OF FRB, TO ACQUIRE THE FOLLOWING:
I. ALL THE REMAINING ORDINARY SHARES OF RM0.10 EACH IN MICROLINK SOLUTIONS BERHAD (“MICROLINK”) (“MICROLINK SHARES”) WHICH ARE NOT ALREADY OWNED BY FHB; AND
II. ALL THE NEW MICROLINK SHARES THAT MAY BE ALLOTTED AND ISSUED UP TO THE CLOSE OF THE OFFER (AS DEFINED HEREIN) PURSUANT TO THE EXERCISE OF ANY OUTSTANDING OPTIONS GRANTED UNDER MICROLINK’S EXISTING EMPLOYEE SHARE OPTION SCHEME (“ESOS”),
FOR A CASH CONSIDERATION OF RM0.60 FOR EVERY ONE (1) MICROLINK SHARE
Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as defined in offer document dated 28 May 2013 (“Offer Document”) and the notices to shareholders of Microlink dated 17 June 2013, 5 July 2013 and 23 July 2013 in relation to the Offer.
On behalf of the Offeror, RHB Investment Bank wishes to inform the holders of the Offer Shares that the Offer has closed as at 5.00 p.m. (Malaysian time) on Monday, 12 August 2013 (“Closing Date”).

In addition to the foregoing, a notice will be issued to holders of Microlink Shares who have not accepted the Offer in due course pursuant to subsection 223(2) of the CMSA setting out, amongst others, the rights of minority shareholders to require the Offeror to acquire the Microlink Shares on the same terms as the Offer or such other terms as may be agreed or as the High Court, on an application made to it by the minority shareholders or by the Offeror, think fit to order.

A copy of the press notice on the abovementioned matters is attached.

This announcement is dated 12 August 2013.

Attachments

FHB - Close of Offer.pdf
425 KB



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