Friday, March 21, 2014

HUPSENG - Bonus Issue (1 : 3)

Company: HUP SENG INDUSTRIES BHD
Stock Name: HUPSENG
Amount/Ratio: 1 : 3
Announcement Date: 21/03/2014
Ex Date: 02/04/2014

Detail:

Company NameHUP SENG INDUSTRIES BERHAD  
Stock Name HUPSENG  
Date Announced21 Mar 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-140321-36163

EX-date02/04/2014
Entitlement date04/04/2014
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBonus issue of 200,000,000 new ordinary shares of RM0.10 each in Hup Seng Industries Berhad (“HUPSENG”) (“Bonus Share(s)”) on the basis of one (1) Bonus Share for every three (3) existing ordinary shares of RM0.10 each held in HUPSENG on 4 April 2014 (“Bonus Issue”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel: 03 – 7841 8000
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers04/04/2014 
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 indicatorRatio
Ratio 1 : 3
Rights Issues/Offer Price

Remarks :
The Bonus Issue will be carried out concurrently with the share split exercise announced on even date and the Bonus Shares to be received by all the entitled shareholders will be in the form of ordinary shares of RM0.10 each.

The date of listing and quotation for the Bonus Shares shall be 7 April 2014, being the next market day immediately after the entitlement date for the Bonus Issue.

The share registrar of HUPSENG will issue and despatch notices of allotment of the Bonus Shares to all entitled shareholders of HUPSENG within four (4) market days after the date of the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

This announcement is dated 21 March 2014.

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