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 | 114,248,200 |
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 | 691,126,022 |
Issued Share Capital ($$) | Malaysian Ringgit (MYR) 145,150,915.200 |
Listing Date | 25 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 433,813,355 |
Announcement Info
Company Name | HONG SENG CONSOLIDATED BERHAD |
Stock Name | HONGSENG |
Date Announced | 24 Feb 2021 |
Category | Additional Listing Announcement /Subdivision of Shares |
Reference Number | ALA-24022021-00009 |