2006-07 Quarter 1 announcements
28/06/2006:-
- Aban Singapore Pte Ltd. today (i.e 28th June 2006) has successfully completed the acquisition of 33.76 % of the voting share capital of Sinvest ASA , a Company incorporated under the laws of the Kingdom of Norway and listed on the Oslo Stock Exchange from the Skeie Group AS ( “ SG ” ) with whom ASPL had entered into a definitive Share Purchase Agreement on 15th June 2006
22/05/2006:-
- Approval of Members through Postal Ballot for sale of Rig Aban VII
- The process of Postal Ballot was completed on 22nd May 2006 and the summary is as follows::
- articulars No of Postal Ballot forms No of Shares % of total paid up equity capital
- a) Total Postal Ballot forms received 675 Forms 2,33,56,228 Votes 63.32%
- b) Less :: Invalid Postal Ballot forms 112Forms 21,163Votes 0.06%
- c) Net Valid Postal Ballot Forms 563Forms 2,33,35,065 Votes 63.26%
- d) Postal Ballot forms with assent for the Resolution 555forms 2,33,33,995 Votes 63.26%
- e) Postal Ballot forms with dissent for the Resolution 8Forms 1,070 votes Negligible
- We wish to inform that the members have approved by Majority, the for the sale of Rig Aban VII (formerly known as Rowan Texas) to M/s.Aban 7 Pte Ltd by way of Postal Ballot
25/04/2006:-
- The Board of Directors at their Meeting held today have approved the issue of Foreign Currency Convertible Bonds (FCCBs) not exceeding USD 200 Million , subject to approval of Members at the forthcoming Annual General Meeting to be held on 14th July 2006 and such other approvals as may required in this regard
05/04/2006:-
- The Company has issued and allotted Five Year Zero Coupon Japanese Yen denominated Foreign Currency Convertible Bonds aggregating to Yen 11.61 Billion (Equivalent to approx US$ 100 Million) and the said Bonds have been listed on the Singapore Exchange Limited with effect from 05.04.2006
