Deemed interest over the 98,962,300 BAB Shares by virtue of his shareholding in ODSB. Direct interest over the 750,000 BAB Shares.
Shares
Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB") ("BAB Shares")
Reason
Disposal of 98,962,300 BAB Shares via Offer for Sale by Ombak Damai Sdn Bhd ("ODSB") and acquisition of 750,0000 BAB Shares pursuant to the preferential allocation of BAB Shares to directors and eligible employees of BAB under the initial public offering of BAB Shares.
Consideration
Cash consideration at RM3.03 per BAB Shares in respect of the 750,000 BAB Shares.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....