HONGSENG

0.010

(%)

Additional Listing Announcement /Subdivision of Shares

HONG SENG CONSOLIDATED BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Conversion of Preference Shares
Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares into Ordinary Shares of the Company
No. of shares issued under this corporate proposal 16,949,300
Issue price per share ($$) Malaysian Ringgit (MYR)   0.2000
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 536,948,222
Issued Share Capital ($$) Malaysian Ringgit (MYR) 118,844,295.200
Listing Date 23 Feb 2021


Remarks :
(1) Conversion of Irredeemable Convertible Preference Shares ("ICPS") with combination of surrendering 1 ICPS and cash payment of RM0.15 for 1 new ordinary share of the Company.
(2) The above issued share capital (in unit) represent ordinary shares issued to-date. Number of outstanding ICPS (in unit) is 578,691,655


Announcement Info

Company Name HONG SENG CONSOLIDATED BERHAD
Stock Name HONGSENG
Date Announced 22 Feb 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-19022021-00007