Key Developments: See Hup Seng Ltd (SEEH.SI)

SEEH.SI on Stock Exchange of Singapore

0.29SGD
30 Jul 2014
Price Change (% chg)

$-0.00 (-1.67%)
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$0.30
Open
$0.31
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$0.29
Volume
365,000
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2,338,607
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Latest Key Developments (Source: Significant Developments)

See Hup Seng Ltd announces ownership interest of Ng Han Kok
Friday, 20 Jun 2014 06:54am EDT 

See Hup Seng Ltd:Says Ng Han Kok holds 52,730,526 ordinary shares representing 8.67 pct of voting power.Ng Han Kok held 31,471,000 ordinary shares representing 5.17 pct of the total voting power.  Full Article

See Hup Seng Ltd does not declare dividend
Wednesday, 14 May 2014 07:16am EDT 

See Hup Seng Ltd:No dividend has been declared for first quarter of 2014.  Full Article

See Hup Seng Ltd appoints Henry Ng as Group Chief Executive Officer
Friday, 28 Feb 2014 04:33am EST 

See Hup Seng Ltd:Appointment of Henry Ng as Group Chief Executive Officer of company with immediate effect.  Full Article

See Hup Seng Ltd proposes tax exempt one-tier final cash dividend
Thursday, 27 Feb 2014 06:23am EST 

See Hup Seng Ltd:Proposes a tax exempt one-tier final cash dividend of 0.93 cents.  Full Article

See Hup Seng Ltd completes payment for acquisition of Hetat Holdings Pte. Ltd
Thursday, 23 Jan 2014 04:54am EST 

See Hup Seng Ltd:Refers to previous announcements in relation to the acquisition and the subscription of Hetat Holdings Pte. Ltd.Says in accordance to the terms of the acquisition, the company has made a payment of S$21,800,000 in cash to Mr Ng Han Kok of which S$8,000,000 has been transferred to be held in escrow by an escrow agent jointly appointed by the company and the vendor.Says the cash payment was funded by the net proceeds of the subscription about 95.3 pct of the subscription proceeds have been utilized to finance the acquisition and the company will use the remaining 4.7 pct of the subscription Proceeds to fund the Group’s working capital needs.  Full Article

See Hup Seng Ltd announces completion of the issuance of 144,500,000 new ordinary shares
Tuesday, 7 Jan 2014 06:18pm EST 

See Hup Seng Ltd:Says the Subscription has been completed on Jan. 07.Says pursuant to which it issued 144,500,000 new ordinary shares in the capital of the company (the Subscription Shares) representing 31.1 pct of the existing issued share capital (excluding treasury shares) of the company at the issue price of S$0.2493 per subscription share to the subscribers.Says it received a subscription sum of S$36,023,850 from the subscribers.Says the subscription shares are expected to be listed and quoted on the Mainboard of the SGX-ST on Jan. 09.Says trading of the Subscription Shares will commence with effect from Jan. 09.  Full Article

See Hup Seng Ltd completes acquisition of entire issued and paid-up share capital of Hetat Holdings Pte. Ltd
Friday, 3 Jan 2014 05:53am EST 

See Hup Seng Ltd:Refers to previous announcements and the circular to shareholders of the company dated Dec. 16, 2013 in relation to the acquisition.Says the acquisition has been completed on Jan. 3, 2014.Says it has acquired the entire issued and paid-up share capital of Hetat Holdings.Says it has made a cash payment of S$10,000,000 to the vendor.Says issued 42,519,053 new ordinary shares in the capital of the Company representing 10.1 pct of the existing issued share capital (excluding treasury shares) of the company at the issue price of S$0.2493 per consideration Share.  Full Article

See Hup Seng Ltd Proposes Acquisition Of Hetat Holdings Pte. Ltd.
Thursday, 12 Sep 2013 10:15am EDT 

See Hup Seng Ltd announced that the Company has entered into a conditional sale and purchase agreement dated September 12, 2013 (the Agreement) with Ng Han Kok (the Vendor), pursuant to which the Company has agreed to acquire the entire issued and paid-up share capital of Hetat Holdings Pte. Ltd. (Hetat Holdings) for the consideration of SGD42,400,000 (the Acquisition). Hetat Holdings is incorporated in Singapore, and has an issued and paid-up share capital of SGD500,000 comprising 500,000 ordinary shares. Subject to the terms and conditions of the Agreement, the Company has agreed to purchase and the Vendor has agreed to sell 500,000 ordinary shares representing the entire issued and paid-up share capital of Hetat Holdings, free from any charge, pledge, lien or other encumbrances, and together with all rights, benefits and entitlements attaching thereto, for the consideration of SGD42,400,000 (the Consideration).  Full Article

See Hup Seng Ltd Does Not Declare Dividend
Wednesday, 14 Aug 2013 07:57am EDT 

See Hup Seng Ltd announced that no dividend has been declared or recommended for the period ended June 30, 2013.  Full Article

See Hup Seng Ltd Announces Appointment Of Executive Chairman
Monday, 22 Jul 2013 06:36am EDT 

See Hup Seng Ltd announced the appointment of Mr. Thomas Lim Siok Kwee as Executive Chairman effective July 22, 2013. Mr. Lim was appointed as Director since 1975.  Full Article

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