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 | Exercise of Warrants |
| Details of corporate proposal | Exercise of Warrants 'A' into Ordinary Shares of the Company |
| No. of shares issued under this corporate proposal | 12,842,400 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.1300 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,470,826,484 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 244,500,644.700 |
| Listing Date | 17 Sep 2021 |
2. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Irredeemable Convertible Preference Shares into Ordinary Shares of the Company |
| No. of shares issued under this corporate proposal | 177,700 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.1000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,471,004,184 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 244,513,972.200 |
| Listing Date | 17 Sep 2021 |
| Remarks : |
(1) Conversion of Irredeemable Convertible Preference Shares ("ICPS") with combination of surrendering 1 ICPS and cash payment of RM0.075 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 82,781,510 and number of outstanding Warrants A (in unit) is 2,076,882.
(3) The above issued share capital (in RM) is based on unaudited management account as at 15 September 2021. |
Announcement Info
| Company Name | HONG SENG CONSOLIDATED BERHAD |
| Stock Name | HONGSENG |
| Date Announced | 15 Sep 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-13092021-00018 |