[ARMADA] Notice of Person Ceasing Substantial Shareholders - KARISMA MESRA SDN BHD on 17-Oct-2014

Highlights

Stock	[ARMADA]: BUMI ARMADA BERHAD
Announcement Date	17-Oct-2014

Name	KARISMA MESRA SDN BHD

Currency

Malaysian Ringgit (MYR)

Date of Change		Type	Number of Shares	Price
	13-Oct-2014	Disposed	78,759,550	1.350

Nature of Interest	Direct interest
Shares	Ordinary shares of RM0.20 each in Bumi Armada Berhad (“BAB”) ("BAB Shares")
Reason	Ceased to be a substantial shareholder of BAB by virtue of the dilution of KMSB’s direct equity interest in BAB Shares from 5.37% to 4.03% of the enlarged issued share capital of BAB (following the Renounceable Rights Issue and the Bonus Issue, as defined below) as a result of:- (a) renunciation of KMSB’s entitlement to subscribe for 78,759,550 new BAB Shares to which KMSB is entitled pursuant to the renounceable rights issue by BAB of up to 1,479,238,150 new BAB Shares on the basis of 1 new BAB Share for every 2 existing BAB Shares in the share capital of BAB (“Rights Shares”) (“Renounceable Rights Issue”) at an Issue Price of RM1.35 per Rights Share; (b) issuance and allotment of 78,759,550 new BAB Shares by BAB to KMSB pursuant to the bonus issue of up to 1,479,238,150 new BAB Shares on the basis of 1 new BAB Share for every 2 existing BAB Shares in the share capital of BAB (“Bonus Issue”).

Be the first to like this.

TOP ARTICLES

1.	Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City Good Articles to Share
2.	High Court bins Musang King farmers’ bid to challenge land eviction notice in Pahang save malaysia!
3.	Kadir Jasin warns PMX, PH against falling into the trap to free Najib save malaysia!
4.	TNG eWallet denies fraud activity in singer Zahid Baharuddin’s case, so how did his wife lose over RM10,000? save malaysia!
5.	UOB research: Malaysia's E&E recovery lagging behind regional peers save malaysia!
6.	Rafizi sees Malaysian economy strengthening alongside Bursa save malaysia!
7.	CJCEN - Bottom Catching Counter. NTA RM0.77. TA gave RM0.50 TP & MIDF gave RM0.45 TP Stocks for Year 2024
8.	Is DXN Currently Undervalued With Its Record High Earnings? Alphabulltrading

APPS

I3 Messenger

Individual or Group chat with anyone on I3investor

MQ Trader

View candlestick stock charts with Technical indicators

MQ Affiliate

Be rewarded by being an MQ Affiliate

357

500

675

831

ActiveGainersLosers

PARTNERS & BROKERS