[SCOMIES]: SCOMI ENERGY SERVICES BHD

23-Jan-2013

EGM

20-Feb-2013 14:30

15-Feb-2013

Level 17, 1 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan, Malaysia

SCOMI MARINE BHD (“SMB”) (I) PROPOSED ACQUISITIONS BY SMB OF THE FOLLOWING: (A) THE ENTIRE ISSUED AND PAID-UP ORDINARY AND PREFERENCE SHARES OF SCOMI OILFIELD LIMITED (“SOL”) FROM SCOMI GROUP BHD (“SGB”), STANDARD CHARTERED PRIVATE EQUITY LIMITED AND FUJI INVESTMENTS I FOR A TOTAL PURCHASE CONSIDERATION OF RM1,020.02 MILLION (SUBJECT TO THE NET AMOUNT DUE ADJUSTMENT) (“PROPOSED SOL ACQUISITION”); (B) THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SCOMI SOSMA SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM6.71 MILLION; AND (C) 48% OF THE ISSUED AND PAID-UP ORDINARY SHARES OF SCOMI KMC SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM769,911; (ITEMS (A), (B) AND (C) TO BE COLLECTIVELY REFERRED TO AS “PROPOSED ACQUISITIONS”) (II) PROPOSED EXEMPTION TO SGB AND SCOMI ENERGY SDN BHD, A WHOLLY-OWNED SUBSDIARY OF SGB, FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING ORDINARY SHARES OF RM0.45 EACH IN SMB NOT ALREADY OWNED BY THEM UPON COMPLETION OF THE PROPOSED SOL ACQUISITION; AND (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF SMB (COLLECTIVELY REFERRED TO AS “PROPOSALS”)
Scomi Marine Bhd - Notice of EGM.pdf

(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the circular to the shareholders of Scomi Marine Bhd dated 25 January 2013.)

Further to the announcement dated 20 February 2013 in relation to the results of the EGM held on 20 February 2013, on behalf of SMB, Maybank IB wishes to announce that the votes cast on a poll by the Shareholders who are in favour of the resolution pertaining to the Proposed Exemption should be 220,698,360 SMB Shares, which represents 100% of the votes cast on a poll, instead of 221,048,360 SMB Shares.

This announcement is dated 22 February 2013.

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