Dividend in specie


Entitlement subject Dividend in specie
Entitlement description
TEO SENG CAPITAL BERHAD ("Teo Seng" or "the Company") 
Fourth Interim Single Tier Dividend by way of distribution of treasury shares in the Company ("Share Dividends") on the basis of 1 Share Dividend for Every 67 Teo Seng Shares held by the shareholders of the Company
Ex-Date 27 Mar 2024
Entitlement date 29 Mar 2024
Entitlement time 5:00 PM
Financial Year End 31 Dec 2023
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 29 Mar 2024
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)

Securities Entitlement
Company Name
Ordinary Shares
Ratio (New : Existing) 1.0000 : 67.0000
Securities Crediting Date 15 Apr 2024
Available / Listing Date
Fractional Entitlement 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 actual number of Share Dividends to be distributed will depend on the actual number of issued shares in Teo Seng (excluding treasury shares) as at the Entitlement Date. 

Fractional entitlements to the Share Dividends, if any, will be disregarded and shall be dealt with in such manner as the Board of Directors of the Company in its absolute discretion deems fit and expedient, and in the best interest of the Company. 

Furthermore, in order to avoid the Entitled Shareholders holding less than 1 board lot (equivalent to 100 Share Dividends), the Entitled Shareholders who hold below 6,700 Teo Seng Shares will receive cash in lieu of the actual number of Share Dividends that they would otherwise be entitled to receive. The cash in lieu will be computed based on the last transacted price of Teo Seng Shares on the Entitlement Date, multiply by the number of Share Dividends that would be entitled by the Entitled Shareholders.

This announcement is dated 7 March 2024.

Announcement Info

Stock Name TEOSENG
Date Announced 07 Mar 2024
Category Entitlement(Notice of Book Closure)
Reference Number ENT-05022024-00002
Corporate Action ID MY240205DVSE0001

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