Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
Description |
KEJURUTERAAN ASASTERA BERHAD ("KAB" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF KAB (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF KAB AND ITS SUBSIDIARIES |
On behalf of the Board of Directors of KAB, Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake the proposed establishment of an employees’ share option scheme (“ESOS” or the “Scheme”) involving up to 30% of the total number of issued shares of KAB (excluding treasury shares, if any) for eligible directors and employees of KAB and its subsidiaries (“Proposed ESOS”). Please refer to the attachment for further details on the Proposed ESOS. This announcement is dated 23 April 2018.
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Please refer attachment below..
Company Name | KEJURUTERAAN ASASTERA BERHAD |
Stock Name | KAB |
Date Announced | 23 Apr 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-23042018-00114 |
Attachments