HONGSENG

2.090

-0.01 (-0.5%)

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