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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYSIAN BULK CARRIERS BERHAD ("MBC" OR "COMPANY") RENOUNCEABLE RESTRICTED OFFER FOR SALE OF UP TO 386,385,645 ORDINARY SHARES IN PACC OFFSHORE SERVICES HOLDINGS LTD. ("OFFER SHARES") WHICH ARE CURRENTLY HELD BY A WHOLLY-OWNED SUBSIDIARY OF MBC KNOWN AS LIGHTWELL SHIPPING INC., TO THE ENTITLED SHAREHOLDERS ON A PRO-RATA BASIS OF 386 OFFER SHARES FOR EVERY 1,000 EXISTING ORDINARY SHARES HELD IN MBC ("RESTRICTED OFFER FOR SALE")

MALAYSIAN BULK CARRIERS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MALAYSIAN BULK CARRIERS BERHAD ("MBC" OR "COMPANY")

RENOUNCEABLE RESTRICTED OFFER FOR SALE OF UP TO 386,385,645 ORDINARY SHARES IN PACC OFFSHORE SERVICES HOLDINGS LTD. ("OFFER SHARES") WHICH ARE CURRENTLY HELD BY A WHOLLY-OWNED SUBSIDIARY OF MBC KNOWN AS LIGHTWELL SHIPPING INC., TO THE ENTITLED SHAREHOLDERS ON A PRO-RATA BASIS OF 386 OFFER SHARES FOR EVERY 1,000 EXISTING ORDINARY SHARES HELD IN MBC ("RESTRICTED OFFER FOR SALE")

We refer to the Company’s announcements dated 2 April 2018, 25 April 2018, 26 April 2018, 11 May 2018, 23 May 2018, 4 June 2018, 30 July 2018, 13 August 2018, 14 August 2018, 15 August 2018, 27 August 2018, 28 August 2018, 24 September 2018 and 25 September 2018 in relation to the Restricted Offer For Sale (“Announcements”). Unless otherwise defined, the abbreviations and definitions used in the Announcements shall apply herein.

On behalf of the Board, RHBIB wishes to announce that the Restricted Offer For Sale has completed today (earlier than the targeted completion date of 21 December 2018 as announced on 13 August 2018) following the crediting of 386,367,691 Offer Shares (for which acceptances under the Restricted Offer For Sale which are complete and valid in all respects) into the respective CDP Accounts or Broker’s Omnibus Accounts of the successful applicants.

This announcement is dated 25 October 2018.






Announcement Info

Company Name MALAYSIAN BULK CARRIERS BERHAD
Stock Name MAYBULK
Date Announced 25 Oct 2018
Category General Announcement for PLC
Reference Number GA1-25102018-00086



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