BORNOIL
Bonus Issue
| BORNEO OIL BERHAD |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 3,520,107,297 free warrants in Borneo Oil Berhad ("Bornoil" or the "Company") ("Warrant(s) E") on the basis of 1 Warrant E for every 4 existing ordinary shares in Bornoil held by the entitled shareholders of the Company ("Entitled Shareholders") on 19 March 2025 |
| Shareholder's Approval | Yes |
| Ex-Date | 17 Mar 2025 |
| Entitlement date | 19 Mar 2025 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Jun 2025 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 19 Mar 2025 |
| 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 |
| Par Value (if applicable) | |
| Securities Entitlement | |
| Company Name |
BORNEO OIL BERHAD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 4.0000 |
| Available/Listing Date | 26 Mar 2025 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
LABUAN CORPORATE SERVICES SDN BHD 1st & 2nd Floor, Victoria Point Jalan OKK Awang Besar 87007 W.P. Labuan Labuan Malaysia Tel:087410748 Fax:087410515 |
| Remarks : |
The Warrants E will be credited into the Entitled Shareholders' central depository system accounts and notices of allotment will be issued and despatched to the Entitled Shareholders at the address as per the Record of Depositors of the Company prior to the listing and quotation for the Warrants E.
The Warrants E will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within 2 market days after the receipt of the quotation application by Bursa Securities.
This announcement is dated 3 March 2025. |
Announcement Info
| Company Name | BORNEO OIL BERHAD |
| Stock Name | BORNOIL |
| Date Announced | 03 Mar 2025 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-03032025-00002 |
| Corporate Action ID | MY250303BONU0001 |