Providing Value Creating Assets and Services

Investor Relations
> IR Home
> Financial Information
> Stock Information
> Announcements
> Financial Reports
> Circular to Shareholders
> Company Presentation
> Information Request
Circular to Shareholders
Date Title Download
29 Apr 2016
Circular to Shareholders in Relation to the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Read More
26 May 2015
PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS
Read More
28 May 2014
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (II) PROPOSED NEW SHAREHOLDERS' MANDATE FOR NEW RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Read More
03 Jun 2013
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PART A (I) • PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN EMAS VICTORIA (L) BHD BY PERISAI PETROLEUM TEKNOLOGI BHD (“PERISAI”) FROM EOC LIMITED (“EOC”) FOR A PURCHASE CONSIDERATION OF USD89,250,000 (“PROPOSED EMAS VICTORIA ACQUISITION”) • PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN VICTORIA PRODUCTION SERVICES SDN BHD BY PERISAI FROM EOC FOR A PURCHASE CONSIDERATION OF RM51 (“PROPOSED VICTORIA PRODUCTION ACQUISITION”) • PROPOSED DISPOSAL OF 49% EQUITY INTEREST IN SJR MARINE (L) LTD (“SJR MARINE”) BY PERISAI TO EOC FOR A DISPOSAL CONSIDERATION OF USD37,000,000 (“PROPOSED DISPOSAL”) TO BE SATISFIED IN THE FOLLOWING MANNER: (a) ISSUANCE OF 144,661,250 NEW ORDINARY SHARES OF RM0.10 EACH IN PERISAI (“PERISAI SHARES”) AT AN ISSUE PRICE OF RM1.10 PER PERISAI SHARE, WITH THE BALANCE OF PURCHASE CONSIDERATION TO BE SET OFF AGAINST THE DISPOSAL CONSIDERATION OF THE PROPOSED DISPOSAL AS SET OUT IN (c) BELOW; (b) RM51 IN CASH FOR THE PROPOSED VICTORIA PRODUCTION ACQUISITION; AND (c) THE DISPOSAL CONSIDERATION OF THE PROPOSED DISPOSAL AMOUNTING TO USD37,000,000 WILL BE SET OFF AGAINST THE BALANCE OF THE PURCHASE CONSIDERATION OF USD37,000,000 FOR THE PROPOSED EMAS VICTORIA ACQUISITION • PROPOSED CALL OPTION AND PUT OPTION OF 51% EQUITY INTEREST IN SJR MARINE (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PERISAI FROM RM100,000,000 COMPRISING 1,000,000,000 PERISAI SHARES TO RM500,000,000 COMPRISING 5,000,000,000 PERISAI SHARES BY THE CREATION OF AN ADDITIONAL 4,000,000,000 NEW PERISAI SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”) (III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PERISAI PURSUANT TO THE PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (COLLECTIVELY REFERRED TO AS THE “PROPOSED CORPORATE EXERCISES”) PART B INDEPENDENT ADVICE LETTER FROM TA SECURITIES HOLDINGS BERHAD TO THE SHAREHOLDERS OF PERISAI IN RELATION TO THE PROPOSED CORPORATE EXERCISES PART C (I) PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (II) PROPOSED GRANT OF EMPLOYEES’ SHARE OPTION SCHEME OPTIONS TO DIRECTORS OF PERISAI
Read More
05 Jun 2012
CIRCULAR TO SHAREHOLDERS IN RELATION TO: PART A PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES AND DIRECTORS OF PERISAI AND ITS SUBSIDIARIES PART B PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE FOR PERISAI AND ITS SUBSIDIARIES AND NOTICE OF EXTRAORDINARY GENERAL MEETING
Read More
07 Dec 2011
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: PART A (I) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN GARUDA ENERGY (L) INC ("GARUDA") FROM NAGENDRAN A/L C. NADARAJAH FOR A PURCHASE CONSIDERATION OF USD70,000,000 TO BE SATISFIED VIA USD50,000,000 IN CASH AND THE REMAINING USD20,000,000 VIA THE ISSUANCE OF NEW ORDINARY SHARES OF RM0.10 EACH IN PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI SHARES") AT AN ISSUE PRICE OF RM0.65 PER PERISAI SHARE; AND (II) PROPOSED ACQUISITION OF THE FUEL AND GAS CONDITIONING SYSTEM AND OIL AND GAS SEPARATION SYSTEM BY GARUDA FROM HUMMINGBIRD ENERGY (L) INC FOR A PURCHASE CONSIDERATION OF USD3,000,000. (COLLECTIVELY REFERRED TO AS "PROPOSED ACQUISITIONS") PART B INDEPENDENT ADVICE LETTER FROM TA SECURITIES HOLDINGS BERHAD TO THE SHAREHOLDERS OF PERISAI IN RELATION TO THE PROPOSED ACQUISITIONS
Read More
02 Jun 2011
PART A: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN INTAN OFFSHORE SDN BHD FROM EMAS OFFSHORE (M) SDN BHD FOR A PURCHASE CONSIDERATION OF RM45,237,000 TO BE SATISFIED VIA THE ISSUANCE OF 70,683,000 NEW ORDINARY SHARES OF RM0.10 EACH IN PERISAI ("PERISAI SHARES") AT AN ISSUE PRICE OF RM0.64 PER PERISAI SHARE ("PROPOSED ACQUISITION") PART B: INDEPENDENT ADVICE LETTER FROM HWANGDBS INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF PERISAI IN RELATION TO THE PROPOSED ACQUISITION PART C: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Read More
10 Jun 2010
CIRCULAR TO SHAREHOLDERS IN RELATION TO THEPART APROPOSED DISPOSAL BY PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR THE "COMPANY") OF THE ENTIRE EQUITY INTEREST IN GARUDA ENERGY (L) INC. AND HUMMINGBIRD ENERGY (L) INC., BOTH WHOLLY-OWNED SUBSIDIARIES OF PERISAI TO NAGENDRAN A/L C. NADARAJAH ("PROPOSED DISPOSALS")PART BTHE INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF PERISAI IN RELATION TO THE PROPOSED DISPOSALS
Read More
05 Jun 2009
CIRCULAR TO SHAREHOLDERS IN RELATION TOPART AI. PROPOSED ISSUANCE OF USD10,000,000 (EQUIVALENT TO APPROXIMATELYRM35,100,000) NOMINAL VALUE OF ZERO COUPON TWO (2)-YEAR REDEEMABLECONVERTIBLE BONDS BY PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI");II. PROPOSED SHARE BUY-BACK OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PERISAI; ANDIII. PROPOSED ADOPTION OF NEW ARTICLE OF ASSOCIATION OF PERISAIPART BPROPOSED RENEWAL OF THE SHAREHOLDERS' MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Read More
02 Jun 2009
INTRODUCTORY CIRCULAR TO SHAREHOLDERS IN RELATION TO THE TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PERISAI PETROLEUM TEKNOLOGI BHD FROM THE MESDAQ MARKET TO THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD
Read More
14 Apr 2009
CIRCULAR TO SHAREHOLDERS IN RELATION TO THEI. PROPOSED BONUS ISSUE OF 368,000,000 NEW ORDINARY SHARES OF RM0.10EACH IN PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAl") ("PERISAI SHARES"),CREDITED AS FULLY PAID-UP ON THE BASIS OF FIVE (5) NEW PERISAI SHARES FOR EVERY FOUR (4) EXISTING PERISAI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER;II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF PERISAI FROMRM50,000,000 COMPRISING 500,000,000 PERISAl SHARES TO RM100,000,000COMPRISING 1,000,000,000 PERISAI SHARES; ANDIII. PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PERISAI
Read More
01 Aug 2008
CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED ACQUISITION BY PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI") OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SJR MARINE (L) LTD COMPRISING 4,000,000 ORDINARY SHARES OF USD1.00 (EQUIVALENT TO APPROXIMATELY RM3.24) EACH FROM MERCURY PACIFIC MARINE PTE LTD (FORMERLY KNOWN AS SJR MARINE PTE LTD) FOR A PURCHASE CONSIDERATION OF USD42,000,000 (EQUIVALENT TO APPROXIMATELY RM136,080,000)
Read More
05 Jun 2008
CIRCULAR TO SHAREHOLDERS IN RELATION TOPART AI. THE PROPOSED ACQUISITION BY CORRO-PRO (L) INC, A WHOLLY-OWNED SUBSIDIARY OF PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI") OF AN ANCHOR HANDLING TUG VESSEL FROM BRITOIL OFFSHORE SERVICES PTE LTD FOR A TOTAL CASH CONSIDERATION OF USD11,500,000 (EQUIVALENT TO APPROXIMATELY RM36,800,000) ("PROPOSED ACQUISITION OF AHT VESSEL"); ANDII. THE PROPOSED DISPOSAL BY PERISAI 360,000 ORDINARY SHARES OF RM1.00 EACH IN CORRO-SHEILD (M) SDN BHD ("CORRO-SHIELD") AND 500,000 ORDINARY SHARES OF RM1.00 EACH IN ORINIPPON TRADING SDN BHD ("ORINIPPON"), REPRESENTING 60% AND 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF CORRO-SHEILD AND ORINIPPON RESPECTIVELY TO A DIRECTOR OF PERISAI, FOR A TOTAL CASH CONSIDERATION OF RM40,000,000 ("PROPOSED DISPOSAL")PART BINDEPENDENT ADVICE LETTER TO THE MINORITY SHAREHOLDERS OF PERISAI IN RELATION TO THE PROPOSED DISPOSALPART CPROPOSED RENEWAL OF THE SHAREHOLDERS' MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Read More
11 Oct 2007
ADDITIONAL INFORMATION TO THE CIRCULAR TO SHAREHOLDERS DATED 5 OCTOBER 2007
Read More
05 Oct 2007
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DISPOSAL BY PERISAI PETROLEUM TEKNOLOGI BHD OF 4,785,000 ORDINARY SHARES OF RM1.00 EACH IN ALLIED MARINE & EQUIPMENT SDN BHD, REPRESENTING 55% OFITS EQUITY INTEREST THEREIN TO WORLDCLASS INSPIRATION SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM39,500,000
Read More
04 Jun 2007
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PART APROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATUREPART BPROPOSED AMENDMENTS TO THE ARTICLES OF ASSICIATION OF PERISAI PETROLEUM TEKNOLOGI BHD
Read More
07 Mar 2007
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO ALLIED MARINE & EQUIPMENT SDN BHD ("AME"), A 55%-OWNED SUBSIDIARY OF PERISAI PETROLEUM TEKNOLOGI BERHAD ("PERISAI"), OF APPROXIMATELY RM15.13 MILLION BY WAY OF A CORPORATE GUARANTEE IN RESPECT OF AME'S BANKING FACILITIES
Read More
02 Jun 2006
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Read More
08 Sep 2005
INFORMATION CIRCULAR TO THE PROPOSED JOINT VENTURE BETWEEN PERISAI AND ALPHA THAMES SUBSEA LTD ("ATS") INVOLVING THE FOLLOWING:-(I) A SHAREHOLDERS' AGREEMENT BETWEEN PERISAI AND ATS, GOVERNING THEIR COMMITMENT AND REGULATING THEIR RIGHTS IN RELATION TO ALPHA PERISAI SDN BHD ("ALPHA PERISAI"), THE JOINT VENTURE COMPANY BETWEEN PERISAI AND;(II) A LICENCE AGREEMENT BETWEEN PERISAI, ALPHA PERISAI AND ATS IN RELATION TO THE SOLE AND EXCLUSIVE RIGHT TO THE ALPHAPRIME TM (AND ALL OTHER COMPONENTS RELATING THERETO) FOR A CASH CONSIDERATION OF POUND 100,000 OR EQUIVALENT TO RM710,700; AND(III) A RESEARCH AND DEVELOPMENT AGREEMENT BETWEEN PERISAI, ALPHA PERISAI AND ATS IN RELATION TO THE CONTINUED RESEARCH AND DEVELOPMENT WORK FO THE ALPHAPRIME TM FOR A CASH CONSIDERATION OF POUND 900,000 OR EQUIVALENT TO RM6,075,500
Read More
11 May 2005
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Read More
21 Dec 2004
CIRCULAR TO SHAREHOLDERS in relation to the(i) PROPOSED ACQUISITION OF 550,000 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 55% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ALLIED MARINE & EQUIPMENT SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM29,700,000;(ii) PROPOSED AUTHORITY TO ALLOT AND ISSUE SHARES PURSUANT TO SECTION 132D OF THE COMPANIES ACT, 1965 OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY; AND(iii) PROPOSED SHAREHOLDERS' RATIFICATION AND MANDATE FOR THE COMPANY AND ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Read More



Disclaimer: Inaccuracies may sometimes arise in the provision of the information shown. IRChartNexus Sdn. Bhd., its subsidiaries or partners accept no liability from any loss that may arise from the use of the information.
Designed by: