Primeline Energy Holdings Inc: Capital Markets Update June 15th 2015 1 Primeline Corporate Presentation June 2015
Primeline Petroleum Corp (PPC) Acquisition - Rationale On 11 May 2015, Primeline announced its intent to acquire the entire legal and beneficial interest in PPC, from Mr. Victor Hwang, Primelines Chairman, President and majority…
PPC and its Relationship to Primeline Primeline (PEH) has 75% and PPC has 25% of Contractors Rights respectively in 2 Petroleum Contracts in the East China Sea Block 25/34 and Block 33/07 PPC is 100% controlled by Victor Hwang, PEH…
PPC Acquisition Key Terms The Sale and Purchase agreement for the Acquisition is in the process of finalization and will be executed shortly. The consideration is to be paid in shares of Primeline, on the basis of full price…
PPC Acquisition - Process Primeline has formed a Special Committee comprised of the independent non-executive directors of the Company, Messrs. Alan Johnson, Peter Kelty and Vincent Lien, to evaluate the Acquisition Primeline has…
PPC Acquisition and GEMS Funding Exploration To Proceed High impact exploration to add additional resources in the immediate Newly acquired 600 km2 of 3D vicinity and the rest seismic of the Block anchored around the producing…
Merger with Loyz - Rationale On 9th July 2015, the PEH announce that it will merge with Loyz Loyz is a South East Asian focused E&P company listed on the Catalist board of the SGX with oil production in Thailand, and exploration…
Merger with Loyz - Strategy The merger will result in the creation of an ambitious pan-Asia/Pacific oil and gas company and is expected to constitute a Reverse Takeover under Chapter 10 of the Listing Manual of the SGX which existing…
Merger with Loyz Key Terms The consideration to be received by Primeline shareholders for their shares of Primeline (Primeline Shares) pursuant to the Arrangement has been fixed at 10.023 share of Loyz share per Primeline share,…
Merger with Loyz - Shareholding Assuming the completion of the PPC Acquisition and the issue of approximately 44.67 million Primeline Shares to Mr. Hwang as consideration, he is expected to hold, directly or indirectly,…
Loyz current major shareholder and other arrangements Loyz largest shareholder is Jit Sun Investments Pte. (Jit Sun), which is owned by the Lee family of which Adrian Lee, the managing director of Loyz is member of. The Lee family…
Merger with Loyz Canadian Shareholders Primeline notes Loyzs announcement with respect to the proposed merger states that upon completion of the merger, the resultant group intends to seek a transfer of its listing from Catalist to…
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