Consolidation

[KPPROP] Share Consolidation on 29-Jan-2020

Announcement Date: 14-Jan-2020
Related Stock:
KPPROP
KERJAYA PROSPEK PROPERTY BERHAD
Share Registrar:
KPPROP
KERJAYA PROSPEK PROPERTY BERHAD
FY: 31-Mar-2020
Amount

5.0000 : 1.0000

  • Ex Date
    29-Jan-2020
  • Entitlement Date
    30-Jan-2020
Description
Consolidation of every five (5) ordinary shares in Kerjaya Prospek Property Berhad (formerly known as GSB Group Berhad) ("KPPB") ("KPPB Shares") into one (1) ordinary share in KPPB ("Consolidated Shares") ("Share Consolidation")

About KERJAYA PROSPEK PROPERTY BERHAD
Kerjaya Prospek Property Group (KPPG) was set up in 2009 by Datuk Tee Eng Ho, the Executive Chairman of Kerjaya Prospek Group Bhd (formerly known as Fututech Berhad, a construction group that has listed in the Bursa Malaysia since 1996). The founders of KPPG has more than 20 years' construction experience in the high-end property development segment with premium clients, such as EcoWorld, E&O (St Mary and Dua Residency), SP Setia, IOI Group, AP Land, UM Land, MRCB, BCB, Belle View Group, and ECH Development Sdn Bhd for the Lumina development in Mont' Kiara.

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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