Posted by Samihiang > 2017-05-12 22:38 | Report Abuse

No need exercise??

Posted by saikuro525 > 2017-05-12 22:39 | Report Abuse

Dude, no bonus for warrant, unless u exercise it

Posted by Samihiang > 2017-05-12 23:01 | Report Abuse

Haha...blurr....

Posted by OngLai88 > 2017-05-13 00:22 | Report Abuse

Questions on bonus or no bonus for Warrant B & C keep repeating. Hope the below announcement clears all doubts.

Warrant C holders are advised to read this notice of book closure together with the Company's announcements dated 12 May 2017 in relation to the notice of book closure for the Bonus Shares, free Warrants D and adjustments to Warrants B, respectively.

The additional Warrants C consequential to the Bonus Issue of Shares will be allotted and issued in accordance with the provisions of the Deed Poll C to the entitled Warrant C holders who have not exercised their outstanding Warrants C and whose names appear on the Record of Depositors of outstanding Warrants C as at 5.00 p.m. on 26 May 2017.

The additional Warrants C will be listed and quoted simultaneously with the Bonus Shares, Warrants D and additional Warrants B two (2) market days after the receipt of the quotation application by Bursa Malaysia Securities Berhad. The notice to Warrant C holders setting out the details of the Adjustments to Warrants C and the notice of allotment of the additional Warrants C will be despatched in due course.

Warrant C holders who wish to be entitled to the Bonus Shares and free Warrants D should exercise their rights to subscribe for new Bornoil Shares by lodging their duly completed exercise forms together with the subscription monies with the Share Registrar, Labuan Corporate Services Sdn Bhd, on or before 5.00 p.m. on 16 May 2017. This is to enable the new Bornoil Shares to be issued arising from such exercise to be allotted to the respective Warrant C holders such that their names will appear on the Record of Depositors of Bornoil Shares as at 5.00 p.m. on 26 May 2017.

Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant.

This announcement is dated 12 May 2017.

Posted by Iloveshare > 2017-05-13 06:06 | Report Abuse

so mother wil hv free warrant?

Posted by Sales > 2017-05-13 06:59 | Report Abuse

Mother have free bonus and warrant.

Posted by Spiderman2 > 2017-05-13 07:01 | Report Abuse

So, warrant also got bonus 8:4 ?

Posted by Gold_King > 2017-05-13 07:53 | Report Abuse

Yes, yes, yes..... all in the announcement, y u guys ask so many times? Go buy some, then U will know, otherwise big elephant will not move

Posted by Sales > 2017-05-13 08:08 | Report Abuse

Mother have free bonus and warrant.

Posted by nich0las > 2017-05-13 08:22 | Report Abuse

We cant move this animal, only hap seng can do it. Haha

Posted by SHQuah > 2017-05-13 10:14 | Report Abuse

We refer to the earlier announcements made by RHB Investment Bank Berhad ("RHBIB"), on behalf of the Board of Directors of Bornoil ("Board"), on 13 March 2017, 23 March 2017 and 18 April 2017.

On behalf of the Board, RHBIB wishes to announce that the Company had resolved to fix the exercise price of the Warrants D at RM0.07 per Warrant D.

The exercise price of RM0.07 per Warrant D represents a discount of approximately 41.28% to the theoretical ex-bonus price ("TEP") after the Proposals of RM0.1192, based on the five (5)-day weighted average market price ("WAMP") of Bornoil Shares up to and including 11 May 2017, being the last trading day of Bornoil Shares immediately preceding the price-fixing date, of RM0.1850 per Bornoil Share.

The exercise price of the Warrants D was determined and fixed by the Board after taking into consideration the following:-

i. The Warrants D will be issued at no cost to the Entitled Shareholders.

Posted by SHQuah > 2017-05-13 10:15 | Report Abuse

Bonus issue of up to 528,085,453 new warrants in Borneo Oil Berhad ("Bornoil") ("Warrant(s) D") on the basis of one (1) free Warrant D for every eight (8) existing ordinary shares in Bornoil ("Bornoil Share(s)") held as at 5.00 p.m. on 26 May 2017 ("Bonus Issue of Warrants")

Posted by SHQuah > 2017-05-13 10:16 | Report Abuse

Bonus issue of up to 2,112,341,814 new ordinary shares in Borneo Oil Berhad ("Bornoil") ("Bornoil Share(s)") ("Bonus Share(s)") to be credited as fully paid-up on the basis of four (4) Bonus Shares for every eight (8) existing Bornoil Shares held as at 5.00 p.m. on 26 May 2017 ("Bonus Issue of Shares")

Posted by Jimmy Chew > 2017-05-13 11:24 | Report Abuse

Could someone please let me when Warrant D can be exercised and its expiry ?

Posted by Ring > 2017-05-13 15:07 | Report Abuse

http://www.theedgemarkets.com/article/borneo-oil-bonus-shares-warrants-be-credited-may-26

Posted by cwjeff7 > 2017-05-13 17:33 | Report Abuse

Bornoil WB & WC also got adjustment
http://www.malaysiastock.biz/Latest-Announcement.aspx

Posted by Spiderman2 > 2017-05-13 18:20 | Report Abuse

After bonus issue warrant c exercise price is maintain or to be reduced as well ?

Posted by taitaumau > 2017-05-13 19:33 | Report Abuse

An extraction from the adjustment announcement (12/5/17), says

Adjustments to the exercise price and number of outstanding Warrants
************** ******************************

2015/2025 in Borneo Oil Berhad ("Bornoil") constituted by the deed poll dated 28 September 2015 ("Deed Poll C") ("Warrant(s) C")

- so, adjustment to exercise price - yes

Posted by OngLai88 > 2017-05-13 20:22 | Report Abuse

Adjusted exercise price for WB= 0.065, WC= 0.075

Next week WB and WC will go up. Buy early to make more profit.

Posted by Samihiang > 2017-05-13 23:01 | Report Abuse

OngLai88 , how u know WB and WC exercise price? Any reference or link?

Posted by Gold_King > 2017-05-13 23:57 | Report Abuse

Big shark holding more than 60% of share , what else u guys worry of ? Follow the big boss.....

Posted by Gold_King > 2017-05-14 00:07 | Report Abuse

What it needs is time, give it some time .... Then u will know once they accumulate enough of share

Posted by ConMan > 2017-05-14 08:35 | Report Abuse

See how the adjust the exercise price of warrant B & C, if based on theoretical it should be 6.5 & 7.5 cent based on current price. But, it they consider the free warrant D, it should adjust another half cent for the warrant B & C.

Posted by Tai KT > 2017-05-14 09:11 | Report Abuse

my understand,
warrants exercise price adjustment base on number of mother share were change.
New warrant issue, wd ...wz will not affect the exercise price of earlier issued warrant.

Posted by anicca > 2017-05-14 09:20 | Report Abuse

hi sorry new here..need advice.. I bought warrant c long time ago, how to subscribe to bonus issue ya...isn't auto given?? I m blurred..what will happen to my share if I dont exercise the bonus issue???

Posted by Tai KT > 2017-05-14 09:31 | Report Abuse

This is a little bit advantages for those holding mother share, 8 to 1 free wd (12% no of mother) and it's list price around 5-5.5. mother new adjusted price around 12.5.
the gain of mother share holder=12% × 5.5/12.5=5% in total share value.
this is advantages for mother share holder. I think this is fair package and company encourage you take mother or convert to mother.

Posted by Tai KT > 2017-05-14 09:41 | Report Abuse

For those warrants holder, free warrants will automatically credit to you CDS account on the entitlement date.
No need to submit any things

Posted by saikuro525 > 2017-05-14 14:35 | Report Abuse

Hi tai kt, I don't understand y do u keep saying that warrant holders r getting free warrants when the announcement clearly stated that mother is getting 4 bonus n 1 WD for every 8 shares holding on ex, warrant need to convert to Mother to be entitled for bonus share.

Posted by OngLai88 > 2017-05-14 15:15 | Report Abuse

Looks like so many newbies attracted to Bornoil. Repeatedly asking more or less the same questions.

Try scroll back to read previous comments or do some homework, visit bursa website to read on company announcement for more information.

Posted by bruce551133 > 2017-05-14 15:25 | Report Abuse

yes...i agree...tomorrow up up up...bornoil... :-D :-D :-D

Posted by Samihiang > 2017-05-14 15:52 | Report Abuse

Don't ask about whether WB & WC entitled for bonus, should study and discuss whether to exercise ur warrant to Monther share to enjoy both bonus +WD

Posted by Mmzai > 2017-05-14 17:11 | Report Abuse

So... For example I have 4 units mothershare bornoil, then I will get 8 units now (4 : 8) ? Then, from this 8 unit shares , I will get 1 free warrant D (1 : 8 ) ? I've read the statement before truly understand. First time having bonus issue

Posted by Mmzai > 2017-05-14 17:12 | Report Abuse

But not truly understand*

Posted by Daren Ng > 2017-05-14 17:59 | Report Abuse

i will salute, bruce 551133, really a loyal follower man ahahaha, i think this company fundamental is great everything is amazing profit is always up no matter what, although share price is stagnant around 14-19c only and thats sad, i think this will be the time to break past 19 c into around 30 cents? or 40? but the share split will really help investors. :)

Posted by Winz > 2017-05-14 18:51 | Report Abuse

If i hold 10000 mother shares, i can get 20000 warrant D? where to get the form?? not truly understood. please help me..tqvm

will it automatic sent to my CDS acc?

Posted by Bull13 > 2017-05-14 19:10 | Report Abuse

Very GOOD DEAL!! 4 bonus shares for every 8 held plus 1 FREE WARRANT. Everybody jumping in to buy tomorrow morning!

Posted by faralenz77 > 2017-05-14 19:27 | Report Abuse

"Bonus for Warrant" or"son bonus" does not exist.

Posted by bruce551133 > 2017-05-14 22:08 | Report Abuse

tomorrow up up up...bornoil... :-D :-D :-D

Posted by Billygunman > 2017-05-14 23:37 | Report Abuse

Good news is... Bonus issue is going to end. Dear operators, you can start your goreng work lol... Order given. Go!!

Posted by Orson Chin > 2017-05-15 01:06 | Report Abuse

Shoot up? Start game?

Posted by crazy127 > 2017-05-15 07:33 | Report Abuse

suggestions dont convert wc to mother-.
sold all wc and buy mother share, no need wasting time to bank

Posted by Tai KT > 2017-05-15 07:42 | Report Abuse

WB is slightly cheaper at 0.085, exercise value 0.1. to convert to mother cost at 0.185 and going to expired in Feb 2018.

Posted by The_Reds > 2017-05-15 07:58 | Report Abuse

Take MC today n go convert ur WB/WC, it's still worth than buying the mother share

Posted by MdYusof856 > 2017-05-15 08:39 | Report Abuse

For the benefit of all, conversion price for
Warrant B is 0.06
Warrant C is 0.07
Warrant D is 0.07

Posted by Billygunman > 2017-05-15 08:57 | Report Abuse

Break 20, game baru start. Baby bull is formed soon.

Posted by nich0las > 2017-05-15 08:58 | Report Abuse

Open price 0.195, GOOD!

Posted by Billygunman > 2017-05-15 09:01 | Report Abuse

Standby hantam more.

Posted by Redz1 > 2017-05-15 09:03 | Report Abuse

Red what do you mean by convert wb, wc? Convert into mother?

Posted by jontfj > 2017-05-15 09:18 | Report Abuse

wow, WC volume so high, mother should can reach above 0.200 before ex-date... Bonus2017 will appear soon ...kikikiki

Posted by bruce551133 > 2017-05-15 09:22 | Report Abuse

in dilemma whether to hold or sold if reach 0.200...up up up...bornoil... :-D :-D :-D