【BARAKAH 7251 交流专区】巴勒卡岸外石油（前身 Vastalx能源）

loongken

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Notice of Person Ceasing (Section 139 of CA 2016)

BARAKAH OFFSHORE PETROLEUM BERHAD

Particulars of Substantial Securities Holder

Name	FELDA INVESTMENT CORPORATION SDN. BHD.
Address	Level 8, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 Petaling Jaya 47301 Selangor Malaysia.
Company No.	1052445-A
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Date of cessation	18 Jun 2018
Name & address of registered holder	AMSEC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT - AMBANK ISLAMIC BERHAD FOR FELDA INVESTMENT CORPORATION SDN. BHD.15th Floor Bangunan Ambank Group55 Jalan Raja Chulan50200 Kuala Lumpur

No of securities disposed	4,500,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposed via Open Market
Nature of interest	Direct Interest
Date of notice	20 Jun 2018
Date notice received by Listed Issuer	20 Jun 2018

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Barakah获国油气体延长合约
Billy Toh/theedgemarkets.com
July 04, 2018 20:35 pm +08

（吉隆坡4日讯）Barakah Offshore Petroleum Bhd宣布，获国油气体（Petronas Gas Bhd）延长沙巴砂拉越天然气管（SSGP）维修与维护合约1年。

Barakah今日向大马交易所报备，独资子公司PBJV Group私人有限公司收到国油的决标信。

合约范围包括天然气管和相关基础设施的检查、测试、维修和维护。

该集团补充，这为期两年的合约是从2015年12月1日至2017年11月30日，可延长1年。之后，国油气体将合约延长至今年11月30日。

“合约价值取决于合约期内的工程数量及规定的单位费率。”

年初至今，PBJV已收到价值1亿3300万令吉的工程，并将于年内执行。

“这预计为截至12月杪本财政年的盈利和每股净资产作出贡献。”

（编译：陈慧珊）

Type	Announcement
Subject	OTHERS
Description	BARAKAH OFFSHORE PETROLEUM BERHAD WORK ORDERS FOR CONTRACT
INTRODUCTION On 8 December 2015, Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") announced that its wholly owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received the Letter of Award from PETRONAS Gas Bhd (“PGB”) for the Provision of Repair and Maintenance of Sabah Sarawak Gas Pipeline (“Contract”). The Contract duration is for two years from 1 December 2015 until 30 November 2017. PGB has the option to extend the Contract period for an additional one year. The Contract has since been extended by PGB until 30 November 2018. INFORMATION ON THE CONTRACT The Sabah Sarawak Gas Pipeline (“SSGP”) is a network of onshore pipeline that link Sabah Oil and Gas Terminal in Kimanis, Sabah and PETRONAS LNG Complex in Bintulu, Sarawak. The length of the pipeline is 512km. The scopes of the Contract include inspection, testing, repair and maintenance of the pipes and related infrastructures to maintain the pipeline integrity. The value of the Contract will depend on the number of work programs to be carried out for the duration of the Contract based on unit rates specified in the Contract. For 2018 year todate, PBJV has received total work programs for the Contract to the value of about RM133 million, which will be executed within this year. FINANCIAL EFFECTS The work programs received for the Contract are expected to contribute positively towards the earnings and net assets per share of Barakah Group for the current financial year ending 31 December 2018. RISK FACTORS Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects. As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholdesrs and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract. This announcement is dated 4 July 2018.

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Barakah获国油延长合约1年
Emir Zainul/theedgemarkets.com
July 17, 2018 19:46 pm +08

（吉隆坡17日讯）Barakah Offshore Petroleum Bhd获得国家石油（Petronas）延长合约1年，从2018年12月延至2019年12月26日。

Barakah今日向大马交易所报备，独资子公司PBJV Group私人有限公司接获国油志期2018年4月16日的有条件续约信函，提供运输和安装岸外设施。

Barakah表示，合约范围包括为国油与石油开采承包商（PAC）的岸外油气田运输和安装管道、结构和相关设备等设施。

合约价值将取决于客户在合约期内发出的订单数量。

Barakah补充：“根据所取得的工程订单实际价值，合约预计在整个合约期内对集团的盈利和每股净资产作出贡献。”

（编译：陈慧珊）

Type	Announcement
Subject	OTHERS
Description	BARAKAH OFFSHORE PETROLEUM BERHADLETTER OF CONTRACT EXTENSION -  UMBRELLA CONTRACT  FOR PAN MALAYSIA TRANSPORTATION AND INSTALLATION OF OFFSHORE FACILITIES
INTRODUCTION Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn. Bhd. (“PBJV”), has received a conditional contract extension from PETRONAS for the provision of transportation and installation of offshore facilities (“Contract”), via a letter of contract extension dated 16 April 2018. The Umbrella Contract, which is due to expire in December 2018, has been extended to 26 December 2019. INFORMATION ON THE CONTRACT AND FINANCIAL EFFECTS The Contract includes transportation and installation of facilities such as pipelines, structures and related equipment for offshore oil and gas fields for PETRONAS and Production Arrangement Contractors (PACs) within Malaysia. The Contract total value will depend on the actual work orders issued by the clients during the Contract period which will be based on mini bidding exercise among the Umbrella Contractors. Depending on the actual value of work orders to be secured, the Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the entire duration of the Contract. RISK FACTORS Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects. As such, the management of Barakah believes that Barakah Group is able to mitigate the abovementioned risk factors. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholdesrs and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract. This announcement is dated 17 July 2018.

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Type	Announcement
Subject	OTHERS
Description	BARAKAH OFFSHORE PETROLEUM BERHAD AWARD OF CONTRACT
INTRODUCTION Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received a Letter of Award from Enquest Petroleum Production Malaysia Ltd for the Provision of Pan Malaysia Maintenance, Construction and Modification (“PM-MCM”) Contract for year 2018-2023 Package A (“hereinafter referred to as “Contract”). INFORMATION ON THE CONTRACT The total value of the Contract is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the duration of the Contract. The Contract duration is for five (5) years effective from 13 July 2018. FINANCIAL EFFECTS The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract. RISK FACTORS Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects. As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract. This announcement is dated 30 July 2018.

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Type	Announcement
Subject	OTHERS
Description	BARAKAH OFFSHORE PETROLEUM BERHAD AWARD OF CONTRACT
INTRODUCTION Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received a Letter of Award from Sapura Exploration and Production (PM) Inc. for the provision of Pan Malaysia Maintenance, Construction and Modification (PM-MCM) Contractor for 2018-2023 Package A (West Malaysia)(hereinafter referred to as “Contract”). INFORMATION ON THE CONTRACT The scope of the Contract will generally include maintenance, construction and modification work for structures and facilities for the client’s oil and gas fields offshore Peninsular Malaysia. The total value of the Contract is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the duration of the Contract. The Contract duration is for up to five (5) years effective from 11 July 2018 in accordance with the terms and conditions of the Contract. FINANCIAL EFFECTS The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract. RISK FACTORS Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects. As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract. This announcement is dated 9 August 2018.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2018	30 Jun 2017	30 Jun 2018	30 Jun 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	59,164	52,630	78,545	129,472
2	Profit/(loss) before tax	-15,346	-81,866	-35,158	-85,011
3	Profit/(loss) for the period	-15,497	-82,121	-35,424	-86,732
4	Profit/(loss) attributable to ordinary equity holders of the parent	-15,482	-82,113	-35,409	-86,711
5	Basic earnings/(loss) per share (Subunit)	-1.87	-9.95	-4.28	-10.50
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1947		0.2463

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Expiry/Maturity of the securities

BARAKAH OFFSHORE PETROLEUM BERHAD

Instrument Category	Securities of PLC
Instrument Type	Loan Stocks
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Tendering of securities
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 0.2000
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	09 Oct 2018 05:00 PM
Date & Time of Suspension	10 Oct 2018 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	18 Oct 2018 05:00 PM
Date & Time of Expiry	25 Oct 2018 05:00 PM
Date & Time for Delisting	26 Oct 2018 09:00 AM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5918129

Attachments Barakah - Notice to RCULS holders.pdf

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EX-date	16 Oct 2018
Entitlement date	18 Oct 2018
Entitlement time	05:00 PM
Entitlement subject	Loan Stock Interest
Entitlement description	Final Interest Payment of 3.5% per annum (less any Malaysian Income or withholding tax applicable thereto which is required to be deducted) for Redeemable Convertible Unsecured Loan Stocks (RCULS)
Period of interest payment	26 Apr 2018   to   25 Oct 2018
Financial Year End	31 Dec 2018
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	BOARDROOM CORPORATE SERVICES (KL) SDN BHDLot 6.05, Level 6, KPMG Tower8, First AvenueBandar Utama47800 Petaling JayaSelangor Darul EhsanTel: 03-77201188Fax: 03-77201111
Payment date	26 Oct 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	18 Oct 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Percentage
Entitlement in Percentage (%)	3.5

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Type	Announcement
Subject	MATERIAL LITIGATION
Description	WRIT OF SUMMONS FILED BY CPM CONSTRUCTION SDN BHD
Barakah Offshore Petroleum Berhad (“Barakah” or the “Company”) wishes to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), had on 19 September 2018 been served with a Writ of Summons filed by CPM Construction Sdn Bhd (“CPM”). This matter had been fixed for case management by the High Court of Shah Alam on 25 October 2018. PBJV is a major subsidiary of the Company. The total cost of investment of the Company in PBJV is RM83,455,957.48. CPM is a Consortium Member jointly with PBJV (“PBJV-CPM Consortium”) to undertake the Procurement, Construction and Commissioning (PCC) of Pengerang Gas Pipeline Project at Johore Darul Takzim for Petronas Gas Berhad. The claim submitted by CPM is for:- a)    the sum of RM15,573,427.78 for alleged variation works and claim for alleged loss and expense purportedly incurred by CPM under the PBJV-CPM Consortium matrix of responsibility; b)    interest of 5% per annum on the above sum (or any amount to be determined by the Court) from the date of this action until full payment; c)    costs; and d)    such further and/or other reliefs that the Court deems fit and proper. The potential loss from the litigation, if any, would not exceed claimed amount plus any interest, legal and court administrative costs. The claim is not in accordance with the terms of the Consortium Agreement and is strenuously disputed by PBJV. PBJV has engaged solicitors to act for and on its behalf to defence and counter claim against claim by CPM. Thus, the Company does not foresee the abovementioned litigation to have any material financial and operational impact. The Company will make announcement on further development of the above matters in due course. This announcement is dated this 20th day of September 2018.

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Type	Announcement
Subject	OTHERS
Description	BARAKAH OFFSHORE PETROLEUM BERHAD AWARD OF CONTRACT
INTRODUCTION Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary, PBJV Group Sdn Bhd (“PBJV”), has received a Letter of Award from Hess Exploration and Production Malaysia B.V. for the Provision of Pan Malaysia Maintenance, Construction and Modification (“PM-MCM”) Contract for years 2018-2023 (“hereinafter referred to as “Contract”). INFORMATION ON THE CONTRACT The scope of the Contract will generally include maintenance, construction and modification work for structures and facilities for the client’s oil and gas fields offshore Peninsular Malaysia. The total value of the Contract is not fixed and will depend on the actual scope agreed in work orders to be issued by the client from time to time throughout the duration of the Contract. The Contract duration is for five (5) years effective from 17 July 2018. FINANCIAL EFFECTS The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract. RISK FACTORS Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects. As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract. This announcement is dated 11 October 2018.

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Type	Announcement
Subject	WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description	BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY")-         RESTRAINING ORDER UNDER SECTIONS 366 AND 368 OF THE COMPANIES ACT 2016
The Board of Directors of Barakah wishes to announce that the Company and its wholly-owned subsidiary PBJV Group Sdn Bhd (“PBJV”) have today been granted orders pursuant to Sections 366 and 368 of the Companies Act 2016 (“the Act”) by the High Court of Malaya at Kuala Lumpur restraining all proceedings and actions brought against the Company and PBJV(“Order”) except with leave of Court and subject to any terms that the Court may impose. The Order commenced on 12 October 2018 for a period of 90 days up to 9 January 2019. The Order was applied for as part of proactive measure by Barakah to manage the debt levels of Barakah and its subsidiaries (“Barakah Group”) and the Order allows the Barakah Group to negotiate terms with its lenders and creditors without having the threat of any proceedings and actions being brought against the Company. The Board wishes to inform that none of the Group’s lenders has called for an event of default on any of the Group’s financing facilities prior to obtaining the Order. The restraining order is not envisaged to have any material financial and operational impact to the Barakah Group. Further development on the above matter will be announced to Bursa Malaysia Securities Berhad in due course. This announcement is dated 16 October 2018.

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BARAKAH OFFSHORE PETROLEUM BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Conversion of Loan Stocks
Details of corporate proposal	Mandatory conversion of five (5)-years, 3.5%, Redeemable Convertible Unsecured Loan Stocks 2013/2018 (RCULS) to Ordinary Shares arising from maturity of RCULS on 25 October 2018.
No. of shares issued under this corporate proposal	9,380,936
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.2000
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	835,786,391
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 167,205,060.010
Listing Date	26 Oct 2018

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2018	30 Sep 2017	30 Sep 2018	30 Sep 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	94,456	102,785	173,001	232,257
2	Profit/(loss) before tax	-5,098	-56,661	-40,256	-141,672
3	Profit/(loss) for the period	-5,089	-56,164	-40,513	-142,896
4	Profit/(loss) attributable to ordinary equity holders of the parent	-5,076	-56,160	-40,485	-142,871
5	Basic earnings/(loss) per share (Subunit)	-0.61	-6.80	-4.90	-17.31
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1877		0.2463

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Change in Financial Year End

BARAKAH OFFSHORE PETROLEUM BERHAD

Old financial year end	31 Dec 2018
New financial year end	30 Jun 2019

Remarks :

The Board of Directors of Barakah Offshore Petroleum Berhad ("the Company") had approved the change in the financial year end of the Company from 31 December to 30 June. Thus, the next set of audited financial statements shall be for a period of eighteen (18) months from 1 January 2018 to 30 June 2019. Thereafter, the financial year end shall be on 30 June for each subsequent year.

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Type	Announcement
Subject	OTHERS
Description	BARAKAH OFFSHORE PETROLEUM BERHAD AWARD OF CONTRACT
INTRODUCTION Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received a Letter of Award from Petrofac (Malaysia-PM304) Limited for the Provision of Pan Malaysia Maintenance, Construction and Modification (“PM-MCM”) Contract for year 2018-2023 (“hereinafter referred to as “Contract”). INFORMATION ON THE CONTRACT The scope of the Contract will generally include maintenance, construction and modification work for structures and facilities for the client’s oil and gas fields offshore peninsular Malaysia. The total value of the Contract is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the duration of the Contract. The Contract duration is for five (5) years effective from 17 July 2018. FINANCIAL EFFECTS The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract. RISK FACTORS Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects. As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract. This announcement is dated 16 January 2019.

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Type	Announcement
Subject	OTHERS
Description	BARAKAH OFFSHORE PETROLEUM BERHAD AWARD OF CONTRACT
INTRODUCTION Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), was awarded a Farm-In Agreement by IPC Malaysia B.V. for the provision of Pan Malaysia Maintenance, Construction and Modification (PM-MCM) Contract for 2018-2023 Package A (West Malaysia)(hereinafter referred to as “Contract”). INFORMATION ON THE CONTRACT The scope of the Contract will generally include maintenance, construction and modification work for structures and facilities for the client’s oil and gas fields offshore Peninsular Malaysia. The total value of the Contract is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the duration of the Contract. The Contract duration is from 22 November 2018 to 10 July 2023 in accordance with the terms and conditions of the Contract. FINANCIAL EFFECTS The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract. RISK FACTORS Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects. As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract. This announcement is dated 11 February 2019.

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Notice of Person Ceasing (Section 139 of CA 2016)

BARAKAH OFFSHORE PETROLEUM BERHAD

Particulars of Substantial Securities Holder

Name	UNITED POWER GROUP HOLDINGS LIMITED
Address	2nd Floor, Morrison Commercial Building 31 Morrison Hill Road Hong Kong.
Company No.	1588378
Nationality/Country of incorporation	Hong Kong
Descriptions (Class)	Ordinary shares
Date of cessation	14 Feb 2019
Name & address of registered holder	United Power Group Holdings Limited2nd Floor, Morrison Commercial Building31 Morrison Hill RoadHong Kong

No of securities disposed	52,839,200
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of shares by Kenanga Nominees (Asing) Sdn Bhd to rectify shortfall in personal margin account position and disposal of shares via direct business transaction with Magnadrive Sdn. Bhd. The direct business transaction from United Power Group Holdings Limited to Magnadrive Sdn Bhd forms part of the reorganisation by Yaw Holdings Sdn. Bhd. of its effective equity interest in Barakah Offshore Petroleum Berhad.
Nature of interest	Direct Interest
Date of notice	27 Feb 2019
Date notice received by Listed Issuer	27 Feb 2019

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

BARAKAH OFFSHORE PETROLEUM BERHAD

Particulars of Substantial Securities Holder

Name	MAGNADRIVE SDN. BHD.
Address	Wisma Samling, Lot 296 Jalan Temenggong Datuk Oyong Lawai Jau Miri 98000 Sarawak Malaysia.
Company No.	1168423-A
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares
Name & address of registered holder	Magnadrive Sdn. Bhd.Wisma Samling, Lot 296Jalan Temenggong Datuk Oyong Lawai Jau98000 Miri, Sarawak

Date interest acquired & no of securities acquired
Date interest acquired	14 Feb 2019
No of securities	43,750,000
Circumstances by reason of which Securities Holder has interest	Acquisition of shares via direct business transaction with United Power Group Holdings Limited. The direct business transaction from United Power Group Holdings Limited to Magnadrive Sdn Bhd forms part of the reorganisation by Yaw Holdings Sdn. Bhd. of its effective equity interest in Barakah Offshore Petroleum Berhad.
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	43,750,000
Direct (%)	5.235
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	27 Feb 2019
Date notice received by Listed Issuer	27 Feb 2019