Announcements


Date: 14 December 2018

Rights Issue


EX-date 27 Dec 2018
Entitlement date 31 Dec 2018
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of 9,986,925,145 new ordinary shares in Sapura Energy Berhad ("SEB") ("SEB Shares") ("Rights Shares") at an issue price of RM0.30 per Rights Share together with 998,692,514 free detachable warrants ("Warrants") on the basis of five (5) Rights Shares for every three (3) SEB Shares held at 5:00 p.m. on 21 December 2018 and one (1) free Warrant for every ten (10) Rights Shares subscribed ("Rights Issue of Shares with Warrants")
Period of interest payment   to  
Financial Year End  
Share transfer book & register of members will be   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel:0378490777 Fax:0378418151
Payment date  
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 31 Dec 2018
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)  
Entitlement indicator Ratio
Ratio 5 : 3
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.300
Par Value (if applicable)  


Remarks :
The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights Issue of Shares with Warrants (collectively, the Documents) will only be despatched to the shareholders of SEB who have a registered address in Malaysia and whose names appear in the Record of Depositors of SEB at 5.00 p.m. on 31 December 2018 (Entitled Shareholders) (excluding any person who is authorised to act as a nominee as defined under the Rules of Bursa Malaysia Depository Sdn Bhd who have subscribed for Nominee Rights Subscription services offered by Bursa Malaysia Securities Berhad, at the request of SEB). Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Symphony Share Registrars Sdn Bhd, being the Registrar for the Rights Issue of Shares with Warrants, to effect the change of address by 31 December 2018.

The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that either the Rights Issue of Shares with Warrants or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia.

Distribution of this Announcement into jurisdictions other than Malaysia may be restricted by law. Persons who come into possession of this Announcement should inform themselves of and observe any such restrictions.

This Announcement is for information purposes only and shall not constitute an offer to sell or solicitation of an offer to buy any securities, nor shall there be any offer or sale of securities in any jurisdiction in which such offer or sale would be unlawful. The securities referred to herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (U.S. Securities Act) or the laws of any state or other jurisdiction of the United States (U.S.) and may not be offered, sold, resold, pledged, transferred or delivered, directly or indirectly, within the U.S., except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. The securities referred to herein are only being offered and sold outside the U.S. in offshore transactions in reliance on Regulation S under the U.S. Securities Act.

This announcement is dated 14 December 2018.


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