MULTIPLE PROPOSALS HUP SENG INDUSTRIES BERHAD (“HUPSENG” OR THE “COMPANY”) (I) SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY EXISTING ONE (1) ORDINARY SHARE OF RM0.50 EACH IN HUPSENG HELD BY THE SHAREHOLDERS OF HUPSENG INTO FIVE (5) ORDINARY SHARES OF RM0.10 EACH IN HUPSENG (“SUBDIVIDED SHARE(S)”) ON 4 APRIL 2014 (“ENTITLEMENT DATE”) (“SHARE SPLIT”); AND (II) BONUS ISSUE INVOLVING THE ISSUANCE OF 200,000,000 NEW SUBDIVIDED SHARES (“BONUS SHARE(S)”), TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY THREE (3) EXISTING SUBDIVIDED SHARES HELD ON THE ENTITLEMENT DATE (“BONUS ISSUE”) (COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES”)

HUP SENG INDUSTRIES BERHAD

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
Description
HUP SENG INDUSTRIES BERHAD (“HUPSENG” OR THE “COMPANY”)

(I) SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY EXISTING ONE (1) ORDINARY SHARE OF RM0.50 EACH IN HUPSENG HELD BY THE SHAREHOLDERS OF HUPSENG INTO FIVE (5) ORDINARY SHARES OF RM0.10 EACH IN HUPSENG (“SUBDIVIDED SHARE(S)”) ON 4 APRIL 2014 (“ENTITLEMENT DATE”) (“SHARE SPLIT”); AND

(II) BONUS ISSUE INVOLVING THE ISSUANCE OF 200,000,000 NEW SUBDIVIDED SHARES (“BONUS SHARE(S)”), TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY THREE (3) EXISTING SUBDIVIDED SHARES HELD ON THE ENTITLEMENT DATE (“BONUS ISSUE”)

(COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES”)


Announcement Info

Company NameHUP SENG INDUSTRIES BERHAD  
Stock Name HUPSENG    
Date Announced7 Apr 2014  
CategoryGeneral Announcement
Reference NoMI-140407-35039