Circular to Shareholders in relation to the (i) Proposed Acquisition by Reach Energy Ventures Sdn Bhd, a wholly owned subsidiary of Reach Energy Berhad ("Reach Energy") of 60% equity interest in Palaeontol B.V., a wholly owned subsidiary of Palaeontol Cooperatief U.A. which in turn is an indirect wholly-owned subsidiary of MIE Holdings Corporation ("MIEH") and 60% of the shareholder loans from MIEH for a total cash consideration of USD154,889,000, subject to adjustments; and (ii) Proposed Placement of New Ordinary Shares of RM0.01 each in Reach Energy to raise gross proceeds of up to RM180.0 million

Announcement Info

Attachments

1. Reach_Energy_Circular__Part1.pdf (Size: 4,704,051 bytes)
2. Reach_Energy_Circular__Part2.pdf (Size: 4,653,673 bytes)
3. Reach_Energy_Circular__Part3.pdf (Size: 4,612,826 bytes)
4. Reach_Energy_Circular__Part4.pdf (Size: 4,704,617 bytes)
5. Reach_Energy_Circular__Part5.pdf (Size: 3,742,310 bytes)