SONA PETROLEUM BERHAD

KLSE (MYR): SONA (5241)

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0.475

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Discussions
37 people like this. Showing 50 of 21,560 comments

2016v

all SPACs will fail in low oil price environment, whatever the qualification & experience make nice wallpapers

2016-09-20 19:09

2016v

Stag Field sold to Canadian oil co for USD10 million. LOL

2016-09-20 19:17

faizkl

My stock broker informed that the company will pay RM0.4938. Why haven't the share price rise to RM0.49? Or they are waiting last minute to buy?

2016-09-21 10:27

Kareemabduljabbar

pls change stockbroker.

2016-09-21 13:41

learner1234

Sona sona...one of my former colleague is on the board...

2016-09-21 23:47

callme777

2 more days.... Bye bye

2016-09-23 16:16

TheContrarian

Sold off all my Sona @ 47.5 sen and bought into Red Sena @ 40.5 sen.

2016-09-23 17:57

callme777

Finally this shit is over soon

2016-09-23 18:29

TheContrarian

Good bye Sona and thanks for the almost 20% gain.

2016-09-23 19:24

speakup

SONA will always have a special place in my heart. speakup made a big RM40k profit from SONA.

2016-09-25 22:21

ruslimz

me too.....I am one of those it's IPO investors......I got a big MITI allocations when not many people intrested with it's IPO. I made the biggest ever profit out of this sona since I started playing saham more than 30 years ago. SONA will be always in my mind.....adios......

2016-09-26 05:13

lse2016

tax clearance just means that the authorities must verify that sona has paid all their taxes right? in other words, sona has paid all their taxes and there are no more taxes to pay....is this right?

2016-09-28 23:53

omega7055

I didn't sell off my SONA shares, what happens now ?

2016-10-04 10:13

TheContrarian

Wait for your cheque.

2016-10-04 21:21

jetchew

how long time to wait??

2016-10-20 09:39

rohank71

forever

2016-10-20 22:52

T1T4N

The Liquidators wish to inform shareholders that pursuant to the order of the High Court of Malaya at Kuala Lumpur (Commercial Division) (“High Court”) granted on 10 October 2016, the Liquidators will be making an interim distribution of 97% of the monies held in cash trust account, to eligible shareholders (“Interim Distribution”).



Details of the Interim Distribution are as follows:



(a) Date of Interim Distribution: 31 October 2016;



(b) Eligible shareholders: Based on the record of depositors at Bursa Malaysia Depository Sdn Bhd as at the entitlement date of 29 September 2016 as confirmed by the High Court on 10 October 2016; and



(c) Amount to be distributed: Cash equivalent of RM0.47988 for every one (1) ordinary share of RM0.01 each held in the Company.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5237261

That was fast.. 31 October distribute money!
Congrats for yield investors~

2016-10-21 17:59

jetchew

good news!!!!!!!!!!!!!

2016-10-24 09:13

vivre

btw, what does Interim Distribution mean? and when can we get remaining 3%?

2016-10-26 18:53

vivre

Just got the morning this morning. That was quick!

2016-10-31 11:11

smalltimer

will there be remainder of 3%

2016-10-31 16:50

T1T4N

Got my payment :-D
payout as e-Dividend lol

2016-11-01 11:48

T1T4N

Yes, there will be another 3%.
At least it ends well and fast although going through all those SAGA.

Good bye sona.

2016-11-01 11:55

ktsk88

Yeah got it yesterday after almost 3 years but with returns of over 13% which turned out to be about 4.30%pa.................not taking into the balance 3%.

Bye Bye SONA

2016-11-01 12:47

stockraider

The low return is due to the Sona-w burn loh....!!
As for raider the sona....give 14% pa to raider bcos warrant raider sold off early and recoup capital loh....!!

2016-11-01 13:04

smalltimer

if yesterday return is dividend....wat happen to capital?

2016-11-01 13:14

stockraider

There is no dividend....it is capital distribution mah...!!

2016-11-01 13:21

rohank71

i have not received my payment yet. was it by way of cheque.

2016-11-02 13:26

Mdnor Deraman

interim distribution payment is credited directly into the
bank accounts of shareholders who have registered in CDS

2016-11-03 09:31

2016v

when is final balance payment expected? 6 months or a year?

2016-11-03 10:08

ktsk88

The balance doesn't matter to me whether 6 months or more since the bulk of the funds already returned.....hahaha...............any balance later just treated as dividend.

2016-11-03 12:23

smalltimer

anymore money coming?

2016-12-05 11:47

samuel87

Is it sona-wa burn off ? Any heard about this ?

2017-01-18 14:42

TomyamGong

what happen to sona?

2017-02-03 23:13

ktsk88

Sona already pay back the sum of 97% to shareholders of the mother shares wherealse the warrant holders bear the brunt of the failed QA acquisition.

If you holding warrants.........there goes your monies up in smoke.

2017-02-04 08:52

callme777

Lol, don't buy warrants for long term. Now ask is too late. Feel sorry for you

2017-02-08 20:06

ktsk88

You can buy warrants but not SPAC warrants.

2017-02-08 20:58

stockraider

Post removed.Why?

2017-02-09 12:23

callme777

Any idea when the last refund will be paid, if any left?

2017-02-24 11:58

maximillan

Im seeing SONA appearing in my portfolio still. tot they winding up and paid us on 31st Oct! -.-!

2017-07-24 15:45

smalltimer

when are we getting the balance payout?

2017-08-16 17:12

Trader66

Believe all shareholders have been played out by Hadian & BOD.

2017-08-24 11:29

PennyStock123

Last payout will be in December 2017....

2017-09-07 10:47

Ming Tzy

hi,anyone one can advise me why my trading acc portfolio still showing sona share?

2017-12-27 08:43

Ming Tzy

this is because i am not sure i get back my money ornot,anyone would like to advise me?thks in advance

2017-12-27 08:44

Sivam Sengodan

Hi, the SONA share still shown in my trading acc. but I cannot cash it out. Has this been released or I need to do something to clear it. Thank in advance for advises.

2018-03-14 10:17

taitaumau

Break down of total distributions paid to trust (eligible) shareholders

(1) Interim distribution: RM 0.47988 (paid 31.10.2016) represents 97% of trust monies

(2) Monies withheld : RM 0.01484 represents 3% of trust monies
(for Liquidation Purpose)

(3) Final distribution: RM 0.0115 (to be paid on 30.4.2018) represents 2.325 % of trust monies

Total distribution (1) + (3) = 99.325%
(For every 1,000 shares , total distribution = RM 491.38)

- In other words, liquidation cost borne by trust monies = 0.675% (less than 1% of trust monies)

- Just wonder, any money left to be paid as residual distribution to all shareholders ??

2018-04-20 20:02

beatme

received today. RM115 for 10k units

2018-04-30 11:12

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