BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.01

Today's Change

+0.005 (100.00%)

Day's Change

0.005 - 0.01

Trading Volume

2,478,600


34 people like this.

30,285 comment(s). Last comment by kisord 8 hours ago

Posted by Louischiok > 2017-05-15 09:26 | Report Abuse

If our long term benefiting factors on BORNOIL still there, might as well hold and accumulate more after ex date

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 09:33 | Report Abuse

Morning Bruce, u cn open champaign already. Now .195

Posted by Guan Soon Phua > 2017-05-15 09:38 | Report Abuse

looks like some one controlled the price, may be have to wait XD .

nich0las

2,789 posts

Posted by nich0las > 2017-05-15 09:49 | Report Abuse

aiyo, this elephant too heavy la.

bwulf

182 posts

Posted by bwulf > 2017-05-15 09:52 | Report Abuse

if i keep wc, after exdate am i getting any bonus share?

jontfj

527 posts

Posted by jontfj > 2017-05-15 10:29 | Report Abuse

8 wc will get 4 wc free

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 10:55 | Report Abuse

morning...redz1...bornoil still on battle...up up up...bornoil... :-D :-D :-D

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 11:06 | Report Abuse

What happened to your dnex bruce? Why tumbling?

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 11:09 | Report Abuse

redz1, long time sold dnex already, now i hold jag & bornoil only...up up up...bornoil... :-D :-D :-D

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 11:16 | Report Abuse

Good for you.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 11:23 | Report Abuse

redz1, what stock u r currently hold? up up up...bornoil... :-D :-D :-D

Posted by eyman_alisons > 2017-05-15 11:25 | Report Abuse

up up up please bornoil

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 11:27 | Report Abuse

yes, eyman_alisons, all must remain united..up up up...bornoil... :-D :-D :-D

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 11:43 | Report Abuse

Bornoil mother n son, jag too n some Aax

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 11:43 | Report Abuse

But im more into Bornoil.

Orson Chin

2,085 posts

Posted by Orson Chin > 2017-05-15 11:59 | Report Abuse

Boss control price.... Shit ...

crazy127

1,303 posts

Posted by crazy127 > 2017-05-15 12:06 | Report Abuse

Broil adjust to 0.12 , 8:4 bonus

faralenz77

1,045 posts

Posted by faralenz77 > 2017-05-15 12:51 | Report Abuse

Shares issued/will be issued:
Bornoil= 3.029b, WB= 38.071m, WC= 1.157b, WD= 528.085, Bonus= 2.112b
Total = 7.027b assuming all warrants converted. Good???

ktsk88

5,284 posts

Posted by ktsk88 > 2017-05-15 12:54 | Report Abuse

crazily high capital base........gosh and not good for the share price.

ktsk88

5,284 posts

Posted by ktsk88 > 2017-05-15 12:55 | Report Abuse

another reason for another bonus is injection of private owned companies into Bornoil.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 13:05 | Report Abuse

ohh...redz1, how long u bought jag? didn't saw you at jag comments? :-D up up up...bornoil... :-D :-D :-D

nich0las

2,789 posts

Posted by nich0las > 2017-05-15 13:10 | Report Abuse

sigh, nothing to say. Continue my sleeping

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 13:13 | Report Abuse

Haha 2mth. I prefer to chat here. Too mny chatting wasting my concentration, Bruce haha.

chan9301

307 posts

Posted by chan9301 > 2017-05-15 13:57 | Report Abuse

Concur with john12. Don't want the exercise prices of warrants to be adjusted too high. Cheers.

mcmann

1,142 posts

Posted by mcmann > 2017-05-15 14:22 | Report Abuse

Guys for WC need to convert ? i dont read it in the announcement

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 16:10 | Report Abuse

Guys, remiser says warrant no bonus. Only mother.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 16:14 | Report Abuse

redz1, my comments all over counters... :-D up up up...bornoil... :-D :-D :-D

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 16:47 | Report Abuse

Haha no time to convert anyway. No conversion price not effected. Only market indication. So Bruce you got warrant?

Samihiang

22 posts

Posted by Samihiang > 2017-05-15 17:30 | Report Abuse

Remarks :
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.

Samihiang

22 posts

Posted by Samihiang > 2017-05-15 17:31 | Report Abuse

Ask ur remiser read this

melvintcs

505 posts

Posted by melvintcs > 2017-05-15 17:47 | Report Abuse

no break.0.2 haiz

mcmann

1,142 posts

Posted by mcmann > 2017-05-15 17:51 | Report Abuse

so warrant C holders is more worth it to convert back to mother share right

Redz1

1,056 posts

Posted by Redz1 > 2017-05-15 18:13 | Report Abuse

Remiser says cnt mke it on time lor Sami

ltkhai168

26 posts

Posted by ltkhai168 > 2017-05-15 18:54 | Report Abuse

bornoil mother - free mother bonus

James

126 posts

Posted by James > 2017-05-15 18:55 | Report Abuse

The revenue become lesser and lesser.. Not good for long term i think.

Woodswater

3,789 posts

Posted by Woodswater > 2017-05-15 19:03 | Report Abuse

I mean some saying WC got bonus and some said no . What happen if just leave our WB or WC without doing convert to mother ???

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 19:05 | Report Abuse

redz1, just mother no son... :-D tomorrow up up up..bornoil... :-D :-D :-D

Posted by Guan Soon Phua > 2017-05-15 19:08 | Report Abuse

time given for conversion of warrant B &C was too short. I think the company also don want warrants holders to convert ( convert before 16-05-2017). Anyway warrants conversion price is going to change in accordance with provision of the DEED POLL C (adjustments to warrants C )

lau9639

467 posts

Posted by lau9639 > 2017-05-15 19:19 | Report Abuse

The conversion price will be lowered for warrant. No panic and no need to converse Just keep the warrant. Only Warrant B might have problem becos the deadline for conversion is next year 2018

Posted by Guan Soon Phua > 2017-05-15 19:32 | Report Abuse

the conversion price should not lower then par value. But after the bonus issue and warrant D, migration to no PAR VALUE regime under the Companies Acts 2016 , PAR VALUE is no longer relevant. The announcement dated 12 May 2017 refered.
So we can see for Warrant D the conversion will be 7 sen.

Samihiang

22 posts

Posted by Samihiang > 2017-05-15 20:07 | Report Abuse

So conclusion is WB N WC is not entitled for free warrant??

mjra

10 posts

Posted by mjra > 2017-05-15 20:19 | Report Abuse

Wc wb not entitled free warrant. 12 days req to convert to mother. From dealer.

Tai KT

1,419 posts

Posted by Tai KT > 2017-05-15 20:39 | Report Abuse

See here on the entitlement date.
8x bornoil -> 12x bornoil +1x bornoil-WD
2x bornoil-wb -> 3x bornoil-wb
2x bornoil-wc -> 3x bornoil-wc

Tai KT

1,419 posts

Posted by Tai KT > 2017-05-15 20:41 | Report Abuse

For mum 8 free 4 + 1wd
For son wb/wc 2 free 1

Tai KT

1,419 posts

Posted by Tai KT > 2017-05-15 20:41 | Report Abuse

Still not understand, go to ask you Remisier

OngLai88

1,234 posts

Posted by OngLai88 > 2017-05-15 20:56 | Report Abuse

If you holding Y mother shares, your entitlement as follows :

1) Additional mother shares = Y x (4/8)
2) Free warrant D = Y x (1/8)


If you holding Z warrant B (or C), then your entitlement as follows :

1) Additional warrant B (or C) = Z x (4/8)



If still don't understand, put your money in FD.

Gold_King

75 posts

Posted by Gold_King > 2017-05-15 22:51 | Report Abuse

Be a shareholder, should read yourself the announcement properly, otherwise read 1 by 1 msg in the forum, dont ask stupid question again n again like, is WB/WC entitled for bonus or WD..... if both u have tried, still do not understand ? Betul betul need to put $$ to FD, share market is very dangerous :p coz u do not understand at all ..... @@

bruce551133

3,339 posts

Posted by bruce551133 > 2017-05-15 23:13 | Report Abuse

lucky i didn't bought warrant so no need argue on this matter... :-D up up up...bornoil... :-D :-D :-D

ruyie

3 posts

Posted by ruyie > 2017-05-15 23:14 | Report Abuse

both warrant B and warrant C will be entitled for bonus issue at the same ratio as mother share (4:8). Just that if we convert WB or WC to mother share will have more advantage bcos mother share got extra free warrant D and dividens. If WB or WC holder doesn't want to convert to mother share, just let it be since your wb/wc will also entitled to bonus issue.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5425505

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5425501

mjra

10 posts

Posted by mjra > 2017-05-15 23:24 | Report Abuse

Thank U Very Very Very Much for your Patience, I Appreciate the Tireless Clarification.
2moro Up Up Up n Up.

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