Share Consolidation


Entitlement subject Share Consolidation
Entitlement description
Consolidation of every five (5) ordinary shares in Kerjaya Prospek Property Berhad (formerly known as GSB Group Berhad) ("KPPB") ("KPPB Shares") into one (1) ordinary share in KPPB ("Consolidated Shares") ("Share Consolidation")
Ex-Date 29 Jan 2020
Entitlement date 30 Jan 2020
Entitlement time 05:00 PM
Financial Year End 31 Mar 2020
Share transfer book & register of members will be  to  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
KERJAYA PROSPEK PROPERTY BERHAD 5.0000 : 1.0000 31 Jan 2020 Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan



Remarks :
The Share Consolidation entails the consolidation of every five (5) existing KPPB Shares into one (1) Consolidated Share as at 5.00 p.m. on 30 January 2020, being the entitlement date for the Share Consolidation. 

Any fractional entitlements arising from the Share Consolidation shall be disregarded.

The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 31 January 2020, being the next market day after the entitlement date for the Share Consolidation.

The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders for the Share Consolidation within four (4) market days after the listing and quotation of the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad.

This announcement is dated 14 January 2020.

Announcement Info

Stock Name KPPROP
Date Announced 14 Jan 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-14012020-00001
Corporate Action ID MY200114SPLR0001

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