INVESTOR RELATIONS

FORM OF NOTICE OF CONVERSION OF 5-YEAR 3.5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("RCULS" OR "BARAKAH-LA")

BURSA ANNOUNCEMENTS
Date : 06 March 2019

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

BARAKAH OFFSHORE PETROLEUM BERHAD

Particulars of substantial Securities Holder

Name TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 13 Feb 2019
9,089,200
Disposed Deemed Interest
Name of registered holder United Power Group Holdings Limited
Address of registered holder 2nd Floor, Morrison Commercial Building 31, Morrison Hill Road Hong Kong
Description of "Others" Type of Transaction
2 14 Feb 2019
43,750,000
Disposed Deemed Interest
Name of registered holder United Power Group Holdings Limited
Address of registered holder 2nd Floor, Morrison Commercial Building 31, Morrison Hill Road Hong Kong
Description of "Others" Type of Transaction
3 14 Feb 2019
43,750,000
Acquired Deemed Interest
Name of registered holder Magnadrive Sdn. Bhd.
Address of registered holder Wisma Samling, Lot 296, Jalan Temenggong Datuk Oyong Lawai Jau 98000 Miri, Sarawak
Description of "Others" Type of Transaction
4 14 Feb 2019
8,554,100
Disposed Deemed Interest
Name of registered holder United Power Group Holdings Limited
Address of registered holder 2nd Floor, Morrison Commercial Building 31, Morrison Hill Road Hong Kong
Description of "Others" Type of Transaction
5 15 Feb 2019
1,534,500
Disposed Deemed Interest
Name of registered holder United Power Group Holdings Limited
Address of registered holder 2nd Floor, Morrison Commercial Building 31, Morrison Hill Road Hong Kong
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Deemed interested pursuant to Section 8(4) of the Companies Act 2016 by virtue of his shareholding in Samling Energy Sdn Bhd which in turn is the holding company of United Power Group Holdings Limited Deemed interested pursuant to Section 8(4) of the Companies Act 2016 by virtue of his shareholding in Yaw Holdings Sdn. Bhd. which in turn is the holding company of ParkCity Property Holdings Sdn. Bhd. which in turn is the holding company of Magnadrive Sdn. Bhd. The direct business transaction from United Power Group Holdings Limited to Magnadrive Sdn Bhd forms part of the reorganisation by Yaw Holdings Sdn. Bhd. of its effective equity interest in Barakah Offshore Petroleum Berhad.
Nature of interest Deemed Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 75,000,000
Indirect/deemed interest (%) 8.974
Total no of securities after change 75,000,000
Date of notice 06 Mar 2019
Date notice received by Listed Issuer 06 Mar 2019


Remarks :
Deemed Interest

1) 31,250,000 ordinary shares held via United Power Group Holdings Limited
2) 43,750,000 ordinary shares held via Magnadrive Sdn. Bhd.


Announcement Info

Company Name BARAKAH OFFSHORE PETROLEUM BERHAD
Stock Name BARAKAH
Date Announced 06 Mar 2019
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-06032019-00003


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