HAPSENG

Others

HAP SENG CONSOLIDATED BERHAD

EX-date

16/10/2007
Entitlement date18/10/2007
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionRESTRICTED OFFERING OF UP TO 40,338,000 ORDINARY SHARES OF RM1.00 EACH IN HAP SENG PLANTATIONS HOLDINGS BERHAD ("HSP") ("OFFER SHARES") TO HAP SENG CONSOLIDATED BERHAD'S ("HSCB") SHAREHOLDERS (OTHER THAN GEK POH (HOLDINGS) SDN BHD AND PEMBANGUNAN MELATI SDN BHD) ON THE BASIS OF ONE (1) OFFER SHARE FOR EVERY SIX (6) ORDINARY SHARES OF RM1.00 EACH HELD IN HSCB AS AT 5.00 P.M. ON 18 OCTOBER 2007, PAYABLE IN FULL UPON APPLICATION AT THE OFFER PRICE OF RM2.65 PER OFFER SHARE, SUBJECT TO ADJUSTMENTS, IN CONJUCTION WITH THE LISTING OF HSP ON THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD ("RESTRICTED OFFERING")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noHSCB's Share Registrar:

Signet Share Registration Services Sdn Bhd
Level 26, Menara Multi-Purpose, Capital Square
No. 8, Jalan Munshi Abdullah
50100 Kuala Lumpur
Tel: (603) - 2721 2222

Further details on the Restricted Offering, please contact HSP's Share Registrar:

PFA Registration Services Sdn Bhd
Level 13, Uptown 1
No.1, Jalan SS21/58
Damansara Uptown
47400 Petaling Jaya
Selangor Darul Ehsan
Tel: (603) - 7718 6000
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers18/10/2007 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit16/10/2007 
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 indicatorRatio
Ratio 1 : 6
Rights Issues/Offer Price 2.65

Remarks :
The prospectus to be issued by HSP ("Prospectus") is prepared and published solely for Offer Shares to be issued under the Initial Public Offering and subject to the laws of Malaysia. The Offer Shares are to be offered solely based on the contents of the Prospectus. HSP and its advisers have not authorised anyone to provide potential investors with information which is not contained in the Prospectus.

Further details on the Restricted Offering will be set out in the Prospectus in relation to the Initial Public Offering which will be despatched to the shareholders of HSCB in due course.

This announcement is not for distribution except as required under the Listing Requirement of Bursa Securities. This announcement and the information contained herein is not an offer to sell securities in any jurisdiction.

This announcement is dated 2 October 2007.


Announcement Info

Company NameHAP SENG CONSOLIDATED BERHAD  
Stock Name HAPSENG    
Date Announced2 Oct 2007  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-071001-42661


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