2004 - Hiap Teck Venture Berhad

33. SIGNIFICANT EVENTS
In conjunction with the listing of the Company's shares on the Main Board of Bursa Malaysia Securities Berhad
(the "Exchange"), the Company increased its issued and paid-up ordinary share capital from RM118,100,000 to
RM163,700,000 by way of the issuance of:
(i)
(ii)
(iii)
10,000,000 ordinary shares of RM0.50 each through a public issue at an issue price of RM0.55 per ordinary share;
66,400,000 ordinary shares of RM0.50 each through a private placement at an issue price of RM0.55 per
ordinary share; and
14,800,000 ordinary shares of RM0.50 each through a restricted issue at an issue price of RM0.55 per
ordinary share.
The share premium arising of RM4,560,000 has been credited to the share premium account.
The new ordinary shares rank pari passu in all respects with the then existing ordinary shares of the Company.
The entire issued and paid-up share capital of the Company comprising 327,400,000 ordinary shares of RM0.50
each were admitted to the official List of the Exchange on 2 September 2003. The shares were granted quotation
on the Main Board of the Exchange on the same date.
34. SEGMENTAL INFORMATION
(a)
Business Segments
The Group is organised on a worldwide basis into four major business segments:
(i)
(ii)
(iii)
(iv)
Trading - Importers, exporters and general dealers in steel products, hardware and building materials;
Manufacturing - Manufacturers and distributors of steel pipes, hollow sections, scaffolding equipments
and accessories and other steel products;
Property and investment - Investment in and renting out property and investment holding; and
Transportation - Provision of transportation of goods by lorries.
(b)
Geographical Segments
No segmental information is provided on a geographical basis as the activities of the Group are carried out
pre dominantly in Malaysia.
52 HIAP TECK VENTURE BERHAD