Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.

HHGROUP

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


View original