October 1, 2013

Company announcements: VASTALX

VASTALX - VASTALX - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameVASTALUX ENERGY BERHAD  
Stock Name VASTALX  
Date Announced1 Oct 2013  
CategoryListing Circular
Reference NoRN-131001-34664

LISTING'S CIRCULAR NO. L/Q : 68888 OF 2013


    1) 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”)and

    2) Offer from Barakah Offshore Petroleum Berhad (“Barakah”) to subscribe for 3,172,923 5-year 3.5% redeemable convertible loan stocks (“RCULS”) at an issue price of RM0.20 per RCULS on the basis of one (1) RCULS for every three (3) ordinary shares of RM0.20 each in Barakah to be held pursuant to the Share Exchange, as previously defined in the announcement dated 27 September 2013 (“Offer of RCULS”).

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Offer" ] as from : [ 2 October 2013 ]

    2) The last date of lodgement : [ 4 October 2013 ]


No comments:

Post a Comment