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 WBSB’s interest in BAB Shares from 5.36% to 3.24% of the enlarged issued and paid-up share capital of BAB as at 19 July 2011 resulting from the following:-
(a) allotment and issuance of up to 644,261,600 new BAB Shares pursuant to the public issue by BAB representing 22.0% of the enlarged issued and paid-up share capital of BAB; and
(a) disposal of 27,562,000 BAB Shares by WBSB pursuant to an offer for sale,
under the initial public offering by BAB in conjunction with the listing of and quotation for the entire enlarged issued and paid-up share capital of BAB on the Main Market of Bursa Malaysia Securities Berhad (“IPO”).
The IPO was completed on 19 July 2011.