BORNOIL

0.005

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BORNEO OIL BERHAD ("BORNOIL" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

BORNEO OIL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
BORNEO OIL BERHAD ("BORNOIL" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement.

 

We refer to the earlier announcements dated 11 February 2026, 13 February 2026, 13 March 2026, 17 March 2026, 25 March 2026, 31 March 2026, 6 April 2026, 9 April 2026, 10 April 2026, 17 April 2026, 5 May 2026 and 11 May 2026 in relation to the Private Placement.

 

On behalf of the Board, UOBKH wishes to announce that the Board had on 12 May 2026 resolved to fix the issue price for tranche 5 of the Private Placement at RM0.005 per Placement Share.

 

The issue price of RM0.005 per Placement Share represents a discount of approximately 5.66% to the 5-day VWAP of Bornoil Shares up to and including 11 May 2026, being the last traded day of Bornoil Shares immediately preceding the price-fixing date of RM0.0053 per Bornoil Share.

 

 

This announcement is dated 12 May 2026.



Announcement Info

Company Name BORNEO OIL BERHAD
Stock Name BORNOIL
Date Announced 12 May 2026
Category General Announcement for PLC
Reference Number GA1-12052026-00024


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