The Board of Directors of SONA wished to announce that Sona Exploration & Production (Thailand) Ltd. (Company No. 1826534) (“SEPTL”) was incorporated on 3rd June 2014 as a wholly owned subsidiary of SONA.
SEPTL was incorporated under BVI Business Companies Act, 2004 as a BVI Business Company. The authorised share capital of SEPTL is USD50,000.00 comprising 50,000 ordinary shares with a par value of USD1.00 each, of which 1 ordinary share of USD1.00 has been issued and fully paid-up. The Company was incorporated as a Special Purpose Vehicle to acquire qualifying assets of SONA.
SONA subscribed one (1) ordinary share of USD1.00 and therefore, SEPTL is a wholly-owned subsidiary of SONA.
The Director of SEPTL presently is Dato’ Sri Hadian Bin Hashim (“Dato’ Sri Hadian”)
This announcement dated 9th June 2014.