SONA PETROLEUM BERHAD

KLSE (MYR): SONA (5241)

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Last Price

0.475

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


37 people like this.

21,560 comment(s). Last comment by beatme 2018-04-30 11:12

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 15:04 | Report Abuse

trustful...ex: king of stocks, king of sharks...wakakaka

e1shi

212 posts

Posted by e1shi > 2014-11-25 15:06 | Report Abuse

@trader66.. I think so too.. somehow Salamander mgnt wait to sell ASAP

maggiel

603 posts

Posted by maggiel > 2014-11-25 15:07 | Report Abuse

SONA calling EGM??

franklim

40 posts

Posted by franklim > 2014-11-25 15:12 | Report Abuse

king of shark is holding sona top 1?

cskek81

238 posts

Posted by cskek81 > 2014-11-25 15:12 | Report Abuse

King Of Stock, where are you? Can give some tips?

bracoli

2,579 posts

Posted by bracoli > 2014-11-25 15:14 | Report Abuse

king of stock stranded in indon, no money to buy tix back malaysia

nooniez

730 posts

Posted by nooniez > 2014-11-25 15:15 | Report Abuse

Maybe deal is on thats why calling for EGM?

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-11-25 15:20 | Report Abuse

See the current sona-wa opening price then already is bad news. No hope for QA.

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 15:20 | Report Abuse

I think they do in parallel...time is of essence...if this deal fails, they have 1.5 yrs left

franklim

40 posts

Posted by franklim > 2014-11-25 15:31 | Report Abuse

bad news....420 now...

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-11-25 15:33 | Report Abuse

down to 0.39 soon

franklim

40 posts

Posted by franklim > 2014-11-25 15:33 | Report Abuse

410...

afifi

2,036 posts

Posted by afifi > 2014-11-25 15:34 | Report Abuse

down a yyo..yo

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-11-25 15:37 | Report Abuse

bye bye sona...

Ring

6,522 posts

Posted by Ring > 2014-11-25 15:37 | Report Abuse

KUALA LUMPUR: Sona Petroleum Bhd has received the Securities Commission’s approval for its proposed purchase of a 40% stake in two oil and gas blocks in Thailand from Salamander Energy for US$281.2mil (RM912mil).

Sona Petroleum said on Tuesday the approval from the SC was received the previous day as subject to several conditions.

The approval was subject to the joint principal advisers CIMB Investment Bank Bhd and RHB Investment Bank Bhd and also Sona Petroleum fully complying with the requirements of the SC’s equity guidelines, pertaining to the implementation of the proposed transaction.

The joint principal advisers and Sona Petroleum would have to fully comply with the Main Market Listing Requirements of Bursa Malaysia Securities on the implementation of the proposed deal and the issuance of the circular to the shareholders.

“Sona Petroleum remains committed to complete the proposed transaction under the terms of the sale and purchase agreement dated July 18, 2014,” Sona said.

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-11-25 15:37 | Report Abuse

Damn, lose kaw kaw this time. Sona-wa drop back to 0.190 again.

callme777

1,586 posts

Posted by callme777 > 2014-11-25 15:37 | Report Abuse

Time to buy!

easymoney

626 posts

Posted by easymoney > 2014-11-25 15:40 | Report Abuse

loading time for me....hahaha

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-11-25 15:40 | Report Abuse

When news out sona drop.

franklim

40 posts

Posted by franklim > 2014-11-25 15:41 | Report Abuse

yap....time to buy NOW....

easymoney

626 posts

Posted by easymoney > 2014-11-25 15:41 | Report Abuse

Got good bargain @ 0.4....hahaha

bryan_x00

165 posts

Posted by bryan_x00 > 2014-11-25 15:42 | Report Abuse

why some buy some sell?...

trader66

206 posts

Posted by trader66 > 2014-11-25 15:42 | Report Abuse

Time to buy as Hadian may have back- up plan to announce soon

franklim

40 posts

Posted by franklim > 2014-11-25 15:42 | Report Abuse

0.395 buy........

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 15:42 | Report Abuse

woohooo....

ktsk88

5,284 posts

Posted by ktsk88 > 2014-11-25 15:43 | Report Abuse

Come thinking of it, Salamander Boards asking shareholders to votes ophir offers at 202.50 whereas it last trading at 167.50. So as a conscience shareholders i wont voted for it. Ophir shareholders on the other hand won't approved the deals via issuance of more shares since the company is making losses and this additional shares will diluted the earning per share. So it just a show of hand and when actual EGM on Ophir/Salamander end will be met with a votes of rejects.

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 15:43 | Report Abuse

one more waterfall

Ring

6,522 posts

Posted by Ring > 2014-11-25 15:43 | Report Abuse

KUALA LUMPUR: Sona Petroleum Bhd has received the Securities Commission’s approval for its proposed purchase of a 40% stake in two oil and gas blocks in Thailand from Salamander Energy for US$281.2mil (RM912mil).

Sona Petroleum said on Tuesday the approval from the SC was received the previous day as subject to several conditions.

The approval was subject to the joint principal advisers CIMB Investment Bank Bhd and RHB Investment Bank Bhd and also Sona Petroleum fully complying with the requirements of the SC’s equity guidelines, pertaining to the implementation of the proposed transaction.

The joint principal advisers and Sona Petroleum would have to fully comply with the Main Market Listing Requirements of Bursa Malaysia Securities on the implementation of the proposed deal and the issuance of the circular to the shareholders.

“Sona Petroleum remains committed to complete the proposed transaction under the terms of the sale and purchase agreement dated July 18, 2014,” Sona said.

nooniez

730 posts

Posted by nooniez > 2014-11-25 15:44 | Report Abuse

sharks in action now

bigmama

22 posts

Posted by bigmama > 2014-11-25 15:45 | Report Abuse

It is better for Sona to terminate the agreement with Salamander as the acquisition price was considered expensive. There are other cheaper alternative now.

uiepoo

24 posts

Posted by uiepoo > 2014-11-25 15:45 | Report Abuse

sh#t kena sona con today bought at 44sen sold at 40sen sh*t sona

franklim

40 posts

Posted by franklim > 2014-11-25 15:46 | Report Abuse

suddenly whole ppl throw...lolz..

callme777

1,586 posts

Posted by callme777 > 2014-11-25 15:46 | Report Abuse

Got 300k at 0.40

callme777

1,586 posts

Posted by callme777 > 2014-11-25 15:46 | Report Abuse

I am back in guys..lol

franklim

40 posts

Posted by franklim > 2014-11-25 15:47 | Report Abuse

don throw and HOLD...

ktsk88

5,284 posts

Posted by ktsk88 > 2014-11-25 15:47 | Report Abuse

Sona still got 1.5 years to acquire assets, whereas Cliq shareholders still keeping faith and supporting the shares so well at 60 sen level.

Why Sona holders so weak?

cskek81

238 posts

Posted by cskek81 > 2014-11-25 15:48 | Report Abuse

King of Stock & King Shark should eat enough Sona shares. Time for them to push up the price :)

Posted by King DavidSiaw > 2014-11-25 15:50 | Report Abuse

Wad EGM??? EGM I only want to submit a vote of NO CONFIDENCE for Hadian!!

cheeseburger

2,870 posts

Posted by cheeseburger > 2014-11-25 15:50 | Report Abuse

0.38

bracoli

2,579 posts

Posted by bracoli > 2014-11-25 15:50 | Report Abuse

kos still waiting for ticket..

ktsk88

5,284 posts

Posted by ktsk88 > 2014-11-25 15:50 | Report Abuse

Remember that Sona in the end of 3rd year will refund 90% of the IPO 50 sen plus interest.

Posted by BerkshireBuffett > 2014-11-25 15:53 | Report Abuse

Sona Call for EGM to get Shareholder consent to buy Salamander stake

easymoney

626 posts

Posted by easymoney > 2014-11-25 15:54 | Report Abuse

callme777, I thought you said goodbye already....hahaha

shadowman

184 posts

Posted by shadowman > 2014-11-25 15:55 | Report Abuse

Sona still cash rich .... Opportunity to buy it cheaper now and hold

uiepoo

24 posts

Posted by uiepoo > 2014-11-25 15:57 | Report Abuse

i hate u sona...... made me lost money sh#t

yongyou

4,676 posts

Posted by yongyou > 2014-11-25 15:59 | Report Abuse

SONA flying soon???

franklim

40 posts

Posted by franklim > 2014-11-25 15:59 | Report Abuse

uiepoo don throw and hold...you throw will lose...don be so nervous...sona alike shadowman said is cash alot...got chance to found other property

easymoney

626 posts

Posted by easymoney > 2014-11-25 15:59 | Report Abuse

Ask Hadian....hahaha

noriz

136 posts

Posted by noriz > 2014-11-25 16:00 | Report Abuse

easymoney......some invest just to lose money, cannot do anything de.....over to you.....see you sometime...somewhere....

afifi

2,036 posts

Posted by afifi > 2014-11-25 16:00 | Report Abuse

news out ..apaa macam

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