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LAYHONG

Subdivision

LAY HONG BERHAD

EX-date 12 Oct 2016
Entitlement date 14 Oct 2016
Entitlement time 05:00 PM
Entitlement subject Subdivision
Entitlement description Subdivision of every one (1) existing ordinary share of RM1.00 each in Lay Hong Berhad ("LHB") ("LHB Shares") held into five (5) ordinary shares of RM0.20 each in LHB ("Subdivided Shares") at 5.00 p.m. on 14 October 2016 ("Share Split")
Period of interest payment   to  
Financial Year End
Share transfer book & register of members will be   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Tel No.: 03-2084 9000 Fax No.: 03-2094 9940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 14 Oct 2016
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
Ratio 5 : 1
Rights Issue/Offer Price
Par Value Malaysian Ringgit (MYR) 0.200


Remarks :
Unless otherwise defined, all terms used shall have the same meaning as those defined in the announcement dated 2 February 2016.

The actual number of Subdivided Shares to be issued would depend on the issued and paid-up share capital of LHB on 14 October 2016.

The Share Split will be implemented immediately after the bonus issue of up to 66,412,500 new ordinary shares of RM1.00 each in LHB ("Bonus Shares") on the basis of one (1) Bonus Share for every one (1) existing LHB Share.

The date of listing and quotation for the Subdivided Shares on the Main Market of Bursa Securities will be on 17 October 2016, being the next market day following the entitlement date.

LHB's Share Registrar will issue and despatch the notices of allotment for the Subdivided Shares to the entitled shareholders of LHB at the address as per the Record of Depositors within four (4) market days after the date of the listing of and quotation for the Subdivided Shares.

For the avoidance of doubt, the Subdivided Shares to be listed will not be entitled for the final single tier dividend of 5 sen per LHB Share which was approved by the shareholders of LHB in the thirty-second (32nd) annual general meeting held on 28 September 2016.

This announcement is dated 29 September 2016.


Announcement Info

Company Name LAY HONG BERHAD
Stock Name LAYHONG
Date Announced 29 Sep 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-28092016-00009