Announcements


Date: 11 February 2014

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS SAPURAKENCANA PETROLEUM BERHAD (“SKPB” OR “COMPANY”) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND OUTSTANDING COMMON SHARES OF NEWFIELD MALAYSIA HOLDING INC. FOR A TOTAL PURCHASE PRICE OF UNITED STATES DOLLAR (“USD”) 898,000,000 TO BE SATISFIED ENTIRELY BY CASH (“PROPOSED ACQUISITION”)

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description SAPURAKENCANA PETROLEUM BERHAD (“SKPB” OR “COMPANY”)

PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND OUTSTANDING COMMON SHARES OF NEWFIELD MALAYSIA HOLDING INC. FOR A TOTAL PURCHASE PRICE OF UNITED STATES DOLLAR (“USD”) 898,000,000 TO BE SATISFIED ENTIRELY BY CASH (“PROPOSED ACQUISITION”)

(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the circular to shareholders dated 21 November 2013 in relation to the Proposed Acquisition.)

We refer to the announcements dated 22 October 2013, 23 October 2013, 21 November 2013 and 27 January 2014 in relation to the Proposed Acquisition.

 

On behalf of the Company, CIMB wishes to announce that the Proposed Acquisition has been completed today (Malaysian time) following the fulfillment of all conditions to the Closing, including payment of the remaining purchase price to the Seller.

 

The Purchase Price payable for the Target Company Shares amounting to USD898,000,000 was subject to adjustments as set out in the SPA. After incorporating the adjustments required in accordance with the SPA, the Adjusted Purchase Price paid to the Seller was USD895,908,859.


This announcement is dated 11 February 2014.


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