Reference is made to the announcement made by CIMB Investment Bank Berhad ("CIMB") on behalf of the Company dated 5 June 2014 and the announcement made by CIMB and RHB Investment Bank Berhad ("RHB") on behalf of the Company dated 25 June 2014.
On 5 June 2014, CIMB had, on behalf of the Board of Directors of Sona Petroleum (“Board”), announced that Sona Petroleum had entered into a Heads of Agreement (“HOA”) with Salamander Energy PLC (“Salamander”) in relation to the Proposed Transaction.
Following the signing of the HOA, on behalf of Sona Petroleum, CIMB and RHB wish to announce that on 18 July 2014, Sona Petroleum and its wholly-owned subsidiary, Sona Exploration and Production (Thailand) Limited (“SEPT”), had entered into a Sale and Purchase Agreement (“SPA”) with SEBHL and Salamander for the Proposed Transaction.
Please refer to the attachment for further details.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1689329