Highlights

[PETRONM] Notice of Interest of Substantial Shareholders - PETRON OIL & GAS INTERNATIONAL SDN BHD on 30-Mar-2012


Stock [PETRONM]: PETRON MALAYSIA REFINING & MARKETING BERHAD
Announcement Date 30-Mar-2012

Substantial Shareholder's Particular:

Name PETRON OIL & GAS INTERNATIONAL SDN BHD

Details of Changes:

Currency Malaysian Ringgit (MYR)

Date of Change Type Number of Shares Price
30-Mar-2012 Acquired 175,500,000 3.411

Nature of Interest 175,500,000 Ordinary Shares of RM0.50 each of Esso Malaysia Berhad representing 65% of the voting shares in Esso Malaysia Berhad.
Shares 175,500,000 ordinary shares of RM0.50 each in Esso Malaysia Berhad representing 65% of the voting shares in Esso Malaysia Berhad.
Reason Completion of the sale and purchase agreement ("EMB SPA") between ExxonMobil International Holdings Inc. ("EMIHI")and San Miguel Corporation ("SMC") dated August 17, 2011 by which SMC or its nominated affiliate will acquire EMIHI's entire shareholding in Esso Malaysia Berhad of 175,500,000 Ordinary Shares of RM0.50 each of Esso Malaysia Berhad representing 65% of the voting shares in Esso Malaysia Berhad. The EMB SPA was completed on March 30, 2012 between EMIHI and SMC's nominated affiliate Petron Oil & Gas International Sdn Bhd ("POGI").

Total no of securities after change

Direct (units) 175,500,000
Direct (%) 65.00
Indirect (units) 0
Indirect (%) 0.00
Total (units) 175,500,000
Total (%) 65.00
Date of Notice 30-Mar-2012


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