Hawaiian Hospitality Announces a 10-for-1 Forward Stock Split
Split Will Increase Market Liquidity and Shareholder Value.
HALEIWA, Hawaii, Feb. 11 /PRNewswire-FirstCall/ -- Hawaiian Hospitality Group, Inc. (Pink Sheets: HHGI): HHGI announces today that it effected a 10-for-1 forward stock split of the Company's common stock shares. Each shareholder of record at the close of business January 29, 2010, will receive nine (9) additional shares for every outstanding share held as of the date thereof. The payment date for the additional shares will be February 11, 2010.
All HHGI shareholders, both those holding shares through a brokerage account and those physically holding their certificates, will have their shares automatically adjusted electronically with the Company's transfer agent to reflect the forward stock split on the effective date. Those shareholders with physical certificates will have their stock sent to them directly from the transfer agent.
For more information, please contact Scott Francis, Investor Relations, +1-808-744-7211 or by email at http://hawaiianhospitalitygroup.com.
http://hawaiianhospitalitygroup.com/
About Hawaiian Hospitality Group, Inc.
Hawaiian Hospitality Group, Inc. (HHGI) is a publicly traded services company. It employs innovative approaches to land use that generate potentially profitable enterprises while ensuring the protection of the environment. The company specializes in identifying, designing, and operating public and private sites suitable for environmental and commercial revitalization.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. HHGI has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect the HHGI's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the HHGI's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. HHGI undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
SOURCE Hawaiian Hospitality Group, Inc.
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