NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES

Company Name HONG SENG CONSOLIDATED BERHAD
Stock Name HONGSENG
Date Announced 27 Jun 2022
Category General Announcement for PLC
Reference Number GA1-22062022-00011

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
HONG SENG CONSOLIDATED BERHAD ("HONG SENG" OR  "COMPANY")

BONUS ISSUE OF 2,554,208,384 NEW ORDINARY SHARES IN HONG SENG ("HONG SENG SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING HONG SENG SHARE HELD AS AT 5.00 P.M. ON 27 JUNE 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE")

We refer to the announcements made on 23 December 2021, 19 January 2022, 26 January 2022, 9 February 2022, 10 February 2022, 25 February 2022 and 13 June 2022 in relation to the Bonus Issue (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of Hong Seng, TA Securities wishes to announce that based on the Entitlement Date:

(i) 2,554,208,384 Bonus Shares have been issued pursuant to the Bonus Issue;

(ii) 1,435,110 Additional ICPS have been issued arising from the Adjustments pursuant to the Bonus Issue;

(iii) 472,482 Additional Warrants A have been issued arising from the Adjustments pursuant to the Bonus Issue; and

(iv) 850,558,283 Additional Warrants B have been issued arising from the Adjustments pursuant to the Bonus Issue.

The Bonus Shares, Additional ICPS, Additional Warrants A and Additional Warrants B will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on 28 June 2022, being the next market day following the Entitlement Date.

This announcement is dated 27 June 2022.






Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment