Bonus Issue

[CHINHIN] Bonus Issue on 02-May-2024

Announcement Date: 18-Apr-2024
Related Stock:
CHINHIN
CHIN HIN GROUP BERHAD
Share Registrar:
CHINHIN
CHIN HIN GROUP BERHAD
FY: 31-Dec-2024
Amount

1.0000 : 1.0000

  • Ex Date
    02-May-2024
  • Entitlement Date
    03-May-2024
Description
BONUS ISSUE OF 1,770,163,992 NEW ORDINARY SHARES IN CHIN HIN GROUP BERHAD ("COMPANY") ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARES IN THE COMPANY HELD ON 5.00 P.M. ON 3 MAY 2024 ("BONUS ISSUE")

About CHIN HIN GROUP BERHAD
Chin Hin Group Bhd is an integrated conglomerate builder that provides building material and services to the construction and building industries. Business activity of the firm is operated through; Investment Holding and Management Services; Distribution of Building Materials and Provision of Logistics; Ready-Mixed Concrete; Manufacturing of AAC and Precast Concrete Products; and Manufacturing of Wire Mesh and Metal Roofing Systems segments. Chin has its business presence across the region of Malaysia and Singapore. It derives the majority of revenue from the distribution of building materials segment which is engaged in trades and distribution of building materials, letting of properties, and hire purchase financing.

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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