HONGSENG

Subdivision

HONG SENG CONSOLIDATED BERHAD

Entitlement subject Subdivision
Entitlement description
SHARE SPLIT INVOLVING A SUBDIVISION OF EVERY 1 EXISTING ORDINARY SHARE IN HONG SENG CONSOLIDATED BERHAD (FORMERLY KNOWN AS MSCM HOLDINGS BERHAD) ("HONG SENG") ("HONG SENG SHARE" OR "SHARES") HELD AS AT 5.00 P.M. ON 15 JUNE 2021 ("ENTITLEMENT DATE") INTO 2 HONG SENG SHARES ("SUBDIVIDED SHARES") ("SHARE SPLIT")
Ex-Date 14 Jun 2021
Entitlement date 15 Jun 2021
Entitlement time 5:00 PM
Financial Year End 30 Sep 2021
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 15 Jun 2021
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
Par Value (if applicable)

Entitlement Details

Company Name Ratio
(New : Existing)
Available/Listing Date Fractional Entitlement
HONG SENG CONSOLIDATED BERHAD 2.0000 : 1.0000 16 Jun 2021 Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)

Seksyen 13

46200 Petaling Jaya

Selangor

Malaysia

Tel:0378904700
Fax:0378904670


Remarks :
The Share Split entails the subdivision of 1 existing Hong Seng Share held on the Entitlement Date into 2 Subdivided Shares. 

The actual number of Subdivided Shares would depend on the total number of issued Shares of the Company on the Entitlement Date. 

The Subdivided Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 16 June 2021 ("Listing Date"), being the next market day following the Entitlement Date.

The notice of allotment of the Subdivided Shares will be issued and despatched to the Company's shareholders at the addresses set out in the Record of Depositors of the Company as at the Entitlement Date within 8 market days after the Listing Date.

The Share Split will result in an increase in the number of Hong Seng Shares available in the market and the trading price of Hong Seng Shares will be adjusted accordingly in proportion to the basis of the Share Split.

This announcement is dated 31 May 2021.


Announcement Info

Company Name HONG SENG CONSOLIDATED BERHAD
Stock Name HONGSENG
Date Announced 31 May 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-30052021-00007
Corporate Action ID MY210530SPLF0003


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