Share Consolidation::Mandatory

Issuer & Securities

Issuer/ Manager
HG METAL MANUFACTURING LIMITED
Security
HG METAL MANUFACTURING LTD - SG1M22901755 - 526

Announcement Details

Announcement Title
Share Consolidation
Date &Time of Broadcast
29-Feb-2016 07:07:54
Status
New
Corporate Action Reference
SG160229SPLR156Z
Submitted By (Co./ Ind. Name)
Foo Sey Liang
Designation
Executive Director

Event Narrative

Narrative Type
Narrative Text
Additional Text(A) EXTENSION OF TIME TO MEET THE MINIMUM TRADING PRICE REQUIREMENT OF S$0.20 ("MTP REQUIREMENT")
Additional Text(B) PROPOSED SHARE CONSOLIDATION OF EVERY TEN (10) EXISTING ISSUED ORDINARY SHARES IN THE CAPITAL OF HG METAL MANUFACTURING LIMITED HELD BY SHAREHOLDERS AS AT A BOOKS CLOSURE DATE TO BE DETERMINED, INTO ONE (1) ORDINARY SHARE, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED (THE "PRPOSED SHARE CONSOLIDATION")

Disbursement Details

Existing Security Details
New Security Details
Security not found
No
Fractional Disposition Method
Round down fraction to last full unit
Distribution Ratio (New: Old)
1:10

Attachments

Related Announcements