Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
Description |
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 |
(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 23 April 2018 in relation to the Proposed ESOS.) Reference is made to the earlier announcements in relation to the Proposed ESOS dated 23 April 2018, 26 April 2018 and 2 May 2018. On behalf of the Board, Mercury Securities wishes to announce that the effective date for the implementation of the ESOS is 1 June 2018, being the date on which the Company is in full compliance with all relevant requirements including Rule 6.44(1) of the Listing Requirements. This announcement is dated 1 June 2018. |
Company Name | KEJURUTERAAN ASASTERA BERHAD |
Stock Name | KAB |
Date Announced | 01 Jun 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-01062018-00044 |