Any new news?

hi guys I want to check are we going to get free warrant? if yes may I know how I can calculate how much warrant I will get? also may I know is the any fixed date for receiving warrant?

:(

@bullrun_star: I guess it is just for 3days... I couldnt find any news...

what happen?

waiting so long

Trading Volume 58,000... :(

what's up?

why warrant going down?

i hope so, volume is quite high

what's up guys?

* Macro Oct Industrial production rose 5%yoy vs est 4.2% gain led by gains in mining & electricity.

why should not by WA? but mother is okay?

it looks like winter sleep start in autumn...

Ayooo, people easlly panic and run away...

hahahaha

Sona Said to Get Malaysian Approval for Salamander Thai Assets
By Elffie Chew
November 24, 2014 8:19 AM EST
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Sona Petroleum Bhd. (SONA), a company with no assets or track record, won approval from the Malaysian Securities Commission to buy a stake in two Thai oil and gas blocks, a person with knowledge of the matter said.
The so-called blank check company targets to complete the deal by the end of this year after getting shareholder approvals, the person said, asking not to be identified as the details aren’t yet public. Sona, which raised 550 million ringgit ($164 million) in an initial public offering last year, agreed in June to buy 40 percent of London-based Salamander Energy Plc (SMDR)’s assets in the Gulf of Thailand for $281 million.
The Salamander assets would be the first for Sona since its listing and pave the way for the Kuala Lumpur-based company to become an independent upstream oil and gas company. To complete the purchase, it will need to overcome African explorer Ophir Energy Plc (OPHR)’s offer to acquire Salamander on the condition it doesn’t sell the Thai assets.
Saw Choo Boon, vice president of business development at Sona, declined to comment when contacted by phone today. Malaysia’s Securities Commission head of corporate affairs Jaya Menon could not be immediately reached for comment when contacted on her mobile and office.
Ophir said in an exchange filing today Salamander accepted its all-stock offer to buy the company. One of the conditions of Ophir’s offer is that Salamander shareholders reject the sale of the Thai assets to Sona. Owners of a 25.9 percent stake in Salamander have agreed to accept the Ophir offer and reject the Sona deal, according to today’s filing.
Sona is trying to buy a stake in the Bualuang oilfield, which has been operating since 2008 and is expected to produce an average of 11,000 to 14,000 barrels of oil daily this year, according to Salamander’s website. It would also gain an interest in an nearby exploration concession.
To contact the reporter on this story: Elffie Chew in Kuala Lumpur at echew16@bloomberg.net
To contact the editors responsible for this story: James Regan at jregan19@bloomberg.net Ben Scent, Shamim Adam

Then SC approval and these much of Sona announcement regarding they are still interested to buy Sala was bullshit?

So tomorrow we have huge drop?

SONA Disposal
On 21 July 2014, Salamander announced that a share sale and purchase agreement
had been signed with SONA to dispose of an effective 40 per cent. working interest in
the B8/38 concession containing the Bualuang oil field and the surrounding G4/50
concession, both located in the Gulf of Thailand (the "SONA Disposal"). The SONA
Disposal is conditional on, amongst other things, the approval of Salamander
Shareholders.
The Transaction is conditional upon: (a) the SONA SPA being terminated by SONA
Exploration & Production (Thailand) and SONA Petroleum Berhad or, with the prior
consent of Ophir, by Salamander and Salamander Energy (Bualuang Holdings)
Limited, in each case in accordance with the relevant provisions of the SONA SPA;
or (b) with the prior consent of Ophir, the SONA SPA being terminated by agreement
of the parties to the SONA SPA otherwise than in accordance with the relevant
provisions of the SONA SPA; or (c) Salamander Shareholders not passing the SONA
Disposal Shareholder Approval Resolution and the proposed SONA Disposal
subsequently being terminated.
Accordingly, to the extent the SONA SPA has not already been terminated in the
circumstances envisaged in limbs (a) and (b) above, Salamander Shareholders that
wish the Transaction to proceed will need to vote against the SONA Disposal
Shareholder Approval Resolution at the general meeting of Salamander Shareholders
that is to be convened to consider the SONA Disposal.

why son is not moving...

* SONA - plans to buy 40% of 2 O&G blocks in Thailand fr Salamander for US$280m (RM938m) could be derailed after UK's Ophir made a £267m (RM1.4b) all stk offer for Salamander, on condition it cancels deal with SONA.

SC Approved?

guys finally is there any announcement for dividend?

I also thought that Marco is sole distributor for Casio in Malaysia.

@kris: Me 2

what's up?

SONA has been committed buy 40% stake in Salamander Energy's interest in two oil fields in Thailand. This on back of news a consortium led by Spain's CEPSA and HK based Jynwel Capital proposed to pay 121 pence cash per/shr and one contingent value right of up to 24pence/shr pence/shr cash for Salamander, on condition it cancels deal with SONA.

@noriz: I also heard if they get deal, Sona will cost around .85 or more than that, but oil price was around 100$

@easymoney, some how pisangkuat is not wrong... his speech is good for those who dont have so much experience like me and their expectation is high ;) anyway pisangkuat I think you mean in business we should accept the risk but we should not burn yourself... ;)

new wave comming?

hooooooohoooo, show started...

I bought my pop corn, watching the show

low volume... :(

QA report?

big shark show urself... LOL

.215

why warrant is worthless?

ding dong ding dong

Up Up...

Sona Petroleum Bhd is borrowing US$140m (RM458m) to partially fund its acquisition of a 40% stake in United Kingdom-listed Salamander Energy Plc's flagship oil field in Thailand. Sona yesterday said it had signed a facility agreement with BNP Paribas and RHB Bank (L) Ltd, which will be the joint lead arrangers. "The financing is conditional upon, inter-alia, the approvals of the Securities Commission and the shareholders of Sona Petroleum, for the proposed transaction being obtained," it added. (BT)

Source: CIMB Daybreak - 29 October 2014

is it mean Loan approved?

Up up...

guys, you don't think it is over sold?

brent oil price is 81$ now dude...

Matrix also went up to .06 cents...

@qieen: based on what news or event you wanna buy more?

hahaha ya @nooniez... I do agree... :D

warrant is .26 now!!!

.26!!! am I correct?!!!

.255! now