Kingston Properties Limited (KPREIT) has advised that at KPREIT’s 9th Annual General Meeting held on May 16, 2017, the shareholders unanimously approved the sub-division of shares in the Company.
The X-date of the split is May 19, 2017, when each of the 500,000,000 authorized ordinary shares in the capital of the Company will be sub-divided into two (2) ordinary shares each, thereby making a total share capital of 1,000,000,000 authorized ordinary shares of no par value.
The record date is May 24, 2017.