TEOSENG
Dividend in specie
| TEO SENG CAPITAL BERHAD |
| 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 |
TEO SENG CAPITAL BERHAD |
| Entitlement |
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 Malaysia Tel:0327839299 Fax:0327839222 |
| 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
| Company Name | TEO SENG CAPITAL BERHAD |
| Stock Name | TEOSENG |
| Date Announced | 07 Mar 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05022024-00002 |
| Corporate Action ID | MY240205DVSE0001 |