The CEO said they already have a shortlist of potential acquisitions, and the purchase will be made by the end of this year. We can take this in good faith because they don't have anything to gain by not buying. The only question is, what the asset is and the price. I'd say Sona makes for a good speculation. What's to lose? If they fail to wrap it up within a year, we get our money back.
(a) 29 July 2018, being five (5) years from the date of listing if the qualifying acquisition of Sona Petroleum Berhad (formerly known as Titanium Windfall Sdn Bhd) (Sona Petroleum) is completed within 36 months after the date of listing, or (b) 29 July 2016, being three (3) years from the date of listing if the qualifying acquisition of Sona Petroleum is not completed within 36 months after the date of listing.
2232 Indication: Notice of Meeting Indication: Outcome of Meeting Date of Meeting: 24/06/2015 Time of Meeting: 11:00 AM Venue: Mahkota Ballroom 2, Hotel Istana, 73, Jalan Raja Chulan, 50200 Kuala Lumpur Outcome of Meeting: Sona Petroleum Berhad ("Sona" or "the Company") is pleased to announce that the Fourth Annual General Meeting ("AGM") of Sona held on 24 June 2015, all the resolutions under Ordinary and Special Businesses as contained in the Notice of AGM dated 27 May 2015 were duly passed by the shareholders of the Company with the exception of the proposed motion for Resolution No. 3 which was not put to vote at the AGM. Resolution No. 3 was withdrawn as Datuk Seri Panglima Sulong Bin Matjeraie did not seek for re-election at the AGM. This announcement is dated 24 June 2015. Remark: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
credit susie might want earn interest on expired on next week following below statement,
(a) 29 July 2018, being five (5) years from the date of listing if the qualifying acquisition of Sona Petroleum Berhad (formerly known as Titanium Windfall Sdn Bhd) (Sona Petroleum) is completed within 36 months after the date of listing, or (b) 29 July 2016, being three (3) years from the date of listing if the qualifying acquisition of Sona Petroleum is not completed within 36 months after the date of listing.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mat Cendana
2,340 posts
Posted by Mat Cendana > 2015-07-21 15:57 | Report Abuse
The CEO said they already have a shortlist of potential acquisitions, and the purchase will be made by the end of this year. We can take this in good faith because they don't have anything to gain by not buying. The only question is, what the asset is and the price. I'd say Sona makes for a good speculation. What's to lose? If they fail to wrap it up within a year, we get our money back.