Hibiscus Petroleum Berhad : Additional Listing Announcement /Subdivision of Shares
November 26, 2021 at 12:00 am EST
Share
Additional Listing Announcement /Subdivision of Shares
HIBISCUS PETROLEUM BERHAD
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?
No
Types of corporate proposal
Conversion of Preference Shares
Details of corporate proposal
Conversion of Islamic Convertible Redeemable Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal
100,000
Issue price per share ($$)
Malaysian Ringgit (MYR) 0.4800
Par Value($$) (if applicable)
Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units
2,007,508,817
Issued Share Capital ($$)
Malaysian Ringgit (MYR) 963,490,790.510
Listing Date
29 Nov 2021
Remarks :
(i) The issue price per share refers to the conversion price of Tranche 2 of the Islamic Convertible Redeemable Preference Shares to Ordinary Shares.
(ii) The latest ordinary share capital and number of issued ordinary shares of the Company is RM963,490,790.51 comprising of 2,007,508,817 ordinary shares in Hibiscus Petroleum Berhad.
Announcement Info
Company Name
HIBISCUS PETROLEUM BERHAD
Stock Name
HIBISCS
Date Announced
26 Nov 2021
Category
Additional Listing Announcement /Subdivision of Shares
Reference Number
ALA-22112021-00017
Attachments
Original Link
Original Document
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Disclaimer
Hibiscus Petroleum Bhd published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 04:59:01 UTC.
Hibiscus Petroleum Berhad is a Malaysia-based independent oil and gas exploration and production company. The Company's segments include Malaysia-North Sabah, Malaysia-Kinabalu and Others, Commercial Arrangement Area, United Kingdom, Australia, Vietnam, and Investment holding and group activities. The Malaysia-North Sabah segment includes investment in its 50% participating interest in the North Sabah, located off the coast of Sabah, Malaysia. The Malaysia-Kinabalu and Others segment includes investments and operations in the Kinabalu and the PM305 and PM314. The Commercial Arrangement Area segment consists of investment in its 35% participating interest in the PM3 CAA, located within the Commercial Arrangement Area between Malaysia and Vietnam. The United Kingdom segment consists of investments and operations in the United Kingdom, consisting of the Anasuria Area, and the Marigold Area, all located offshore in the United Kingdom Continental Shelf.