Last Price Today's Change   Day's Range   Trading Volume
0.475   0.00 (0.00%)  0.00 - 0.00  0
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Avg Volume (4 weeks):0
52 Weeks Range:0.425 - 0.48
Average Price Target:0.53
Price Target Upside/Downside:+0.055
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Latest Headlines
21/09/2016  PublicInvest Research Headlines - 21 Sep 2016
20/09/2016  Sona Petroleum is winding up - M.A. Wind
20/09/2016  M+ Online Market Pulse - A Dithering Market Environment - 20 Sep 2016
20/09/2016  PublicInvest Research Headlines - 20 Sep 2016
10/08/2016  M+ Online Market Pulse - Uptrend To Continue - 10 Aug 2016
27/06/2016  Sona石油退款应设期限
26/04/2016  Sona fails to secure shareholders' support for QA acquisition - Sona 估计将难逃下市命运
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  37 people like this.
TheContrarian The judge should throw out the objection and grant the approval for winding up.
01/09/2016 20:38
Kareemabduljabbar SONA Independent Directors better look at the other SPAC AGM and take note. Your Director's Fees not safe anymore. Quickly reclassify as Allowances. If for whatever reason SONA still listed and NOT under liquidator by June 2017 we have another AGM and your Fees may be claimed back. Inshallah a quick liquidation.
02/09/2016 08:59
TheContrarian Sona's situation is different from Cliq. Sona directors all want the Company liquidated.
02/09/2016 12:32
DK66 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5195957
02/09/2016 14:36
najid Sona's management is purely inept of handling almost anything. From the beginning until the end...
05/09/2016 12:48
callme777 End january 2017
08/09/2016 09:58
TheContrarian Court decision due on 15 September.
08/09/2016 16:58
Kareemabduljabbar I was told that even if the Court decides on the Liquidation order on 15 Sept, that this can be appealed by the Creditor and they can also file a stay on the Liquidation. Anyone who is a lawyer and / or Liquidator, can you please advice ?
09/09/2016 09:23
callme777 Yes you are right. Appeal to two higher courts. Can drag another year
09/09/2016 13:14
Kareemabduljabbar OMG if drag on another year the shareholders may decide to not approve the Directors Fees at next AGM like what happened to the other spac. Better selesai with the Singapore Indian Super Maniam. Small number only lah for Super Maniam and also the actual creditor.
09/09/2016 13:41
jetchew when can return my money back??
14/09/2016 10:15
2016v if the amount disputed is small, might as well pay or settle out of court and get yr money back this year than 1 year later.

administration cost and salaries incurred already more than amount disputed
14/09/2016 10:44
Ae Doh SPAC had proven be one of the platform that cheat people like us through their respective board of directors, as of now only Hibiscus Petroleum that has been 'successful' in geeting out to do some stupid oil assets acquisition that resulted in poor performance before and after crude oil price crisis! Thrust and honest are hard to come buy anymore these days when money is becoming personal objective. Thank you
14/09/2016 12:09
Tawan Wannapaeree when and how much per share for us suppose to pay us.
Who know well pls.tell us. Thanks
15/09/2016 11:53
Tawan Wannapaeree Now selling price .46
15/09/2016 11:55
Tan Toh Fei i wander who set the target price, this is a weak counter that shldn't involve as well.
15/09/2016 12:14
DK66 Anyone knows the outcome of the hearing today ?
15/09/2016 21:05
Kareemabduljabbar OMG another delay ?
16/09/2016 22:31
callme777 Case apparently postpone. Delay again. Maybe june next year
19/09/2016 14:02
2016v directors and those few employees can shake legs and get their salary until liquidation - nothing much to do, can clock in at noon & clock out at 1pm

office rented still spacious and at KLCC? legal fees clocking up over the time.
19/09/2016 14:16
DK66 Why the results of the court hearing not announced ? It should announce the results promptly for the benefit of everyone not just the few who has knowledge. Share price crawling up...... should be good news.
19/09/2016 15:32
Kareemabduljabbar http://www.bursamalaysia.com/market/listed-companies/company-announcements/5207945
19/09/2016 17:39
TheContrarian Around 47.89 sen representing 97% of the trust money will be distributed by November. Balance 3% after deduction of tax and direct distribution expenses will be distributed after tax clearance.
19/09/2016 18:21
2016v don't make sense why the balance 3% is paid within 2 yrs, within 6 months is more reasonable or within July next year, a year from tko date
20/09/2016 10:07
TheContrarian Because our Inland Revenue is very slow in giving tax clearance.
20/09/2016 10:20
MuttonCurry Got 1 week left to make decision b4 kedai tutup 4 good.
20/09/2016 10:42
luilai Suspension on trading

20/09/2016 10:50
2016v last chance for yield investors to buy
20/09/2016 11:15
ktsk88 the 97% refund works out to 0.4938 sen and based on today 0.47sen.......can make money too.

Balance 3% after tax clearance..
20/09/2016 12:37
ktsk88 The creditor Law Asia already retracts their claims and no further claims can be filed against Sona in the future so case is close for good.

The 97% payout amounting to 0.4938 sen with remaining 3% later.

So anyone buying is still making money consider now only 0.47sen..............or 5% returns in less than a year better than FD rate.
20/09/2016 12:43
jasonor i sold my few lots of sona few months ago at 0.465, been holding since ipo. was hopping tht the QA will be approved because oil at a very low price. few years later when oil rise back sona will gain big. but big shareholders decides to vote no to QA. what can a bilis investor like me do?
20/09/2016 13:41
seanchin Sona so-called leader and management team: Andreas, Msc in Mech. Eng; Hadian, B. Chem. Eng; Maznah, MBA (Finance); Myo, B. Elec. Eng.; Anton, M. Mech. Eng & M. Edu in Buss. & Acc.; Mohamed Sabri, B. Petroleum Eng.; Mohamed Khadar, ???; Akbar Tajudin, M. Petroleum Eng.; Saw, BSc. Chemistry; Andria, BSc. Geology; Tan, PhD. Petroleum Eng.; Sakthi Kumar, MBA (Corp Fin.). http://www.sonapetroleum.com/our-people.html
20/09/2016 15:56
2016v all SPACs will fail in low oil price environment, whatever the qualification & experience make nice wallpapers
20/09/2016 19:09
2016v Stag Field sold to Canadian oil co for USD10 million. LOL
20/09/2016 19:17
faizkl My stock broker informed that the company will pay RM0.4938. Why haven't the share price rise to RM0.49? Or they are waiting last minute to buy?
21/09/2016 10:27
Kareemabduljabbar pls change stockbroker.
21/09/2016 13:41
learner1234 Sona sona...one of my former colleague is on the board...
21/09/2016 23:47
callme777 2 more days.... Bye bye
23/09/2016 16:16
TheContrarian Sold off all my Sona @ 47.5 sen and bought into Red Sena @ 40.5 sen.
23/09/2016 17:57
callme777 Finally this shit is over soon
23/09/2016 18:29
TheContrarian Good bye Sona and thanks for the almost 20% gain.
23/09/2016 19:24
speakup SONA will always have a special place in my heart. speakup made a big RM40k profit from SONA.
25/09/2016 22:21
ruslimz me too.....I am one of those it's IPO investors......I got a big MITI allocations when not many people intrested with it's IPO. I made the biggest ever profit out of this sona since I started playing saham more than 30 years ago. SONA will be always in my mind.....adios......
26/09/2016 05:13
lse2016 tax clearance just means that the authorities must verify that sona has paid all their taxes right? in other words, sona has paid all their taxes and there are no more taxes to pay....is this right?
28/09/2016 23:53
omega7055 I didn't sell off my SONA shares, what happens now ?
04/10/2016 10:13
TheContrarian Wait for your cheque.
04/10/2016 21:21
jetchew how long time to wait??
20/10/2016 09:39
rohank71 forever
20/10/2016 22:52
T1T4N The Liquidators wish to inform shareholders that pursuant to the order of the High Court of Malaya at Kuala Lumpur (Commercial Division) (“High Court”) granted on 10 October 2016, the Liquidators will be making an interim distribution of 97% of the monies held in cash trust account, to eligible shareholders (“Interim Distribution”).

Details of the Interim Distribution are as follows:

(a) Date of Interim Distribution: 31 October 2016;

(b) Eligible shareholders: Based on the record of depositors at Bursa Malaysia Depository Sdn Bhd as at the entitlement date of 29 September 2016 as confirmed by the High Court on 10 October 2016; and

(c) Amount to be distributed: Cash equivalent of RM0.47988 for every one (1) ordinary share of RM0.01 each held in the Company.


That was fast.. 31 October distribute money!
Congrats for yield investors~
21/10/2016 17:59
jetchew good news!!!!!!!!!!!!!
24/10/2016 09:13


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