Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965

17/10/2014

Notice of Person Ceasing (29C)

BUMI ARMADA BERHAD

Particulars of substantial Securities Holder

Name

Karisma Mesra Sdn Bhd
AddressLevel 39, Menara Maxis
Kuala Lumpur City Centre
50088 Kuala Lumpur
NRIC/Passport No/Company No.585153-K
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each in Bumi Armada Berhad (BAB) ("BAB Shares")
Date of cessation13/10/2014
Name & address of registered holderKarisma Mesra Sdn. Bhd. ("KMSB")
Level 39, Menara Maxis
Kuala Lumpur City Centre
50088 Kuala Lumpur
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed78,759,550 
Price Transacted ($$)1.350 
Circumstances by reason of which a person ceases to be a substantial securities HolderCeased to be a substantial shareholder of BAB by virtue of the dilution of KMSBs direct equity interest in BAB Shares from 5.37% to 4.03% of the enlarged issued share capital of BAB (following the Renounceable Rights Issue and the Bonus Issue, as defined below) as a result of:-

(a) renunciation of KMSBs entitlement to subscribe for 78,759,550 new BAB Shares to which KMSB is entitled pursuant to the renounceable rights issue by BAB of up to 1,479,238,150 new BAB Shares on the basis of 1 new BAB Share for every 2 existing BAB Shares in the share capital of BAB (Rights Shares) (Renounceable Rights Issue) at an Issue Price of RM1.35 per Rights Share;

(b) issuance and allotment of 78,759,550 new BAB Shares by BAB to KMSB pursuant to the bonus issue of up to 1,479,238,150 new BAB Shares on the basis of 1 new BAB Share for every 2 existing BAB Shares in the share capital of BAB (Bonus Issue).
Nature of interestDirect interest
Date of notice13/10/2014

Remarks :
This announcement is based on the information in the Notice of Person Ceasing to be a Substantial Shareholder (Form 29C) dated 13 October 2014 and received by the Company on 17 October 2014.

KMSB's interest in BAB Shares after taking into account the change as stated above is 236,278,650 BAB Shares.


Announcement Info

Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA
Date Announced17 Oct 2014  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoBA-141017-D5068

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