Shares Distribution from subsidiary company

[TEOSENG] Dividend in specie on 27-Mar-2024

Announcement Date: 07-Mar-2024
Related Stock:
TEOSENG
TEO SENG CAPITAL BHD
Share Registrar:
TEOSENG
TEO SENG CAPITAL BHD
FY: 31-Dec-2023
Amount

1.0000 : 67.0000

  • Ex Date
    27-Mar-2024
  • Entitlement Date
    29-Mar-2024
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

About TEO SENG CAPITAL BHD
Teo Seng Capital Bhd engages in poultry farming business. The company operates through Investment Holding; Trading of Pet Food, Medicine, and Other Related Products; and Poultry Farming segments. It produces eggs. The firm also manufactures and markets paper egg trays and animal feeds, as well as distribute food, medicine, and other health products. In addition, it trades in and generates energy through the establishment of biogas plants; and is involved in the wholesale, import, and export of eggs products. Further, the firm provides waste management and cool room services. It also produces, processes, preserves, and wholesales meat and meat related products; and engages in the fertilizer and agriculture businesses. The firm earns most of its revenue from Poultry Farming segment.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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