Circulars to Stakeholders

No Announcement Date Title
1 24 Oct 2019 CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED SHAREHOLDERS RATIFICATION FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
2 12 Jul 2019 CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED CHANGE OF NAME OF THE COMPANY FROM "HANDAL RESOURCES BERHAD" TO "HANDAL ENERGY BERHAD"
3 12 Jul 2019 CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PART A : (I) PROPOSED ACQUISITION BY HANDAL RESOURCES BERHAD ("HANDAL") OF 408,000 ORDINARY SHARES OF BORNEO SEAOFFSHORE ENGINEERING SDN BHD ("BSOE"), REPRESENTING 51.0% EQUITY INTEREST IN BSOE FROM SEAOFFSHORE CAPITAL SDN BHD FOR A PURCHASE CONSIDERATION OF RM25,500,000 TO BE SATISFIED BY WAY OF ISSUANCE AND ALLOTMENT OF 42,857,100 NEW ORDINARY SHARES IN HANDAL ("HANDAL SHARE(S)") AT AN ISSUE PRICE OF RM0.37 PER HANDAL SHARE AND ISSUANCE AND ALLOTMENT OF 26,061,819 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS") IN HANDAL AT AN ISSUE PRICE OF RM0.37 PER ICPS ("PROPOSED ACQUISITION"); (II) PROPOSED AMENDMENT TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF HANDAL ("PROPOSED AMENDMENT"); AND (III) PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF HANDAL (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME. PART B : INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF HANDAL IN RELATION TO THE PROPOSED ACQUISITION
4 25 Apr 2018 CIRCULAR TO SHAREHOLDERS IN RELATION TO: 1. PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE 2. PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR PURCHASE OF OWN ORDINARY SHARES
5 27 Apr 2017 CIRCULAR TO SHAREHOLDERS IN RELATION TO: i)PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ii)PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR PURCHASE OF OWN ORDINARY SHARES
6 28 Apr 2016 CIRCULAR TO SHAREHOLDERS IN RELATION TO:- i) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE. ii) PROPOSED AUTHORITY FOR PURCHASE OF ITS OWN ORDINARY SHARES.
7 20 May 2015 PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS
8 19 May 2014 CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE.
9 07 May 2013 CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A PROPOSED RENEWAL OF SHAREHOLDERSÂ’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE PART B PROPOSED RENEWAL OF SHAREHOLDERSÂ’ MANDATE FOR PURCHASE OF OWN ORDINARY SHARES
10 07 May 2012 Circular to Shareholders in relation to PART A PROPOSED RENEWAL OF SHAREHOLDERSÂ’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE PART B PROPOSED AUTHORITY FOR PURCHASE OF OWN ORDINARY SHARES
11 06 May 2011 CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A PROPOSED ACQUISITION OF THE USE OF THE INTELLECTUAL PROPERTY RIGHTS OF THE “SEACRANE” OFFSHORE PEDESTAL CRANE PRODUCT LINE (WHICH INCLUDES THE “SEACRANE” TRADEMARK) IN ASIA, AFRICA, EUROPE AND OTHER COUNTRIES (APART FROM THOSE LOCATED IN NORTH AMERICA AND SOUTH AMERICA) BY HANDAL OFFSHORE SERVICES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF HANDAL RESOURCES BERHAD, FOR A CASH CONSIDERATION OF UNITED STATES DOLLAR THREE MILLION SEVEN HUNDRED AND FIFTY THOUSAND (USD3,750,000) (“PROPOSED ACQUISITION”) PART B INDEPENDENT ADVICE LETTER FROM THE INDEPENDENT ADVISER, SIERAC CORPORATE ADVISERS SDN BHD, TO THE NON-INTERESTED SHAREHOLDERS OF HANDAL RESOURCES BERHAD IN RELATION TO THE PROPOSED ACQUISITION
12 06 May 2011 PROPOSED RENEWAL OF SHAREHOLDERSÂ’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
13 31 Jan 2011 CIRCULAR TO SHAREHOLDERS IN RELATION TO (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 60,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN HANDAL (“RIGHTS SHARE(S)”) TOGETHER WITH 60,000,000 NEW FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF TWO (2) RIGHTS SHARES AND TWO (2) FREE WARRANTS FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.50 EACH IN HANDAL (“HANDAL SHARE(S)”) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE”); (II) PROPOSED BONUS ISSUE OF 10,000,000 HANDAL SHARES (“BONUS SHARE(S)”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY SIX (6) RIGHTS SHARES SUBSCRIBED (“PROPOSED BONUS ISSUE”); (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM50,000,000 COMPRISING 100,000,000 HANDAL SHARES TO RM250,000,000 COMPRISING 500,000,000 HANDAL SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”); AND (IV) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY (“PROPOSED AMENDMENTS”)
14 04 Jun 2010 CIRCULAR TO SHAREHOLDERS DATED 24 MAY 2010 - Errata
15 24 May 2010 CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED SHAREHOLDERSÂ’ RATIFICATION FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED SHAREHOLDERSÂ’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
copyright © 2018 - 2019 Handal Resources Berhad