HHRG
Share Consolidation
HENG HUAT RESOURCES GROUP BERHAD |
Entitlement subject | Share Consolidation |
Entitlement description | CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN HENG HUAT RESOURCES GROUP BERHAD ("HENG HUAT") ("HENG HUAT SHARE(S)") HELD AS AT 5.00 P.M. ON 30 JANUARY 2020 ("ENTITLEMENT DATE") INTO 1 HENG HUAT SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION") |
Ex-Date | 29 Jan 2020 |
Entitlement date | 30 Jan 2020 |
Entitlement time | 5:00 PM |
Financial Year End | 31 Mar 2020 |
Share transfer book & register of members will be | 29 Jan 2020 to 30 Jan 2020 closed from (both dates inclusive) for the purpose of determining the entitlement |
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 30 Jan 2020 |
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
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 indicator | Ratio |
Par Value (if applicable) |
Entitlement Details
Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
HENG HUAT RESOURCES GROUP BERHAD | 1.0000 : 10.0000 | 31 Jan 2020 | Round Down / Fraction Disregard |
Registrar or Service Provider name, address, telephone no |
AGRITEUM SHARE REGISTRATION SERVICES SDN BHD 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 Pulau Pinang Malaysia Tel:042282321 Fax:042272391 |
Remarks : |
The Share Consolidation entails the consolidation of 10 Heng Huat Shares held on the Entitlement Date into 1 Consolidated Share. The actual number of Consolidated Shares after the Share Consolidation would depend on the total number of issued Heng Huat Shares on the Entitlement Date. Fractional entitlements for the Heng Huat Shares arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interest of the Company. The date of listing of and quotation for the Consolidated Shares on the ACE Market of Bursa Malaysia Securities Berhad will be on 31 January 2020 (Listing Date), being the next market day following the Entitlement Date. A notice of allotment will be issued and despatched to the entitled shareholders for the Share Consolidation at the addresses set out in the Record of Depositors of the Company within 4 market days after the Listing Date. This announcement is dated 15 January 2020. |
Announcement Info
Company Name | HENG HUAT RESOURCES GROUP BERHAD |
Stock Name | HHGROUP |
Date Announced | 15 Jan 2020 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-15012020-00006 |
Corporate Action ID | MY200115SPLR0002 |