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BackJul 06, 2015
Type Announcement
Subject OTHERS
Description
DAYANG ENTERPRISE HOLDINGS BHD ("DAYANG")
- Disclosure of dealings in accordance with Section 33 of the Malaysian Code on Take-Overs and Mergers, 2010

We refer to the announcement dated 2 July 2015 in relation to the notice of take-over offer served by Maybank Investment Bank Berhad (“Maybank IB”) on behalf of Dayang to acquire the following:

(i) all the remaining ordinary shares of RM0.50 each in Perdana Petroleum Berhad ("PPB") ("PPB Shares") not already owned by Dayang and such number of new PPB Shares that may be issued pursuant to the exercise of any outstanding 5-year warrants 2010/2015 issued by PPB ("PPB Warrants") prior to the close of the Offer ("Offer Shares"); and

(ii) all the remaining PPB Warrants not already owned by Dayang ("Offer Warrants"),

for a cash offer price of RM1.55 per Offer Share and RM0.84 per Offer Warrant ("Offer").

On behalf of Dayang, Maybank IB wishes to announce that Dayang has informed that it has dealt in PPB Shares on 3 July 2015.

Details of the dealings are as follows:

Transaction Date

Description of the transaction

No. of PPB Shares

Transaction price* (RM per PPB Share)

Acquired

Disposed

3 July 2015

Open market transaction / Direct business transaction

59,461,900

-

1.5452 - 1.55

*Excludes brokerage and other incidental costs.

This announcement is dated 6 July 2015.

 





Announcement Info

Company Name DAYANG ENTERPRISE HOLDINGS BERHAD
Stock Name DAYANG
Date Announced 06 Jul 2015
Category General Announcement for PLC
Reference Number GA1-06072015-00010