| Type | Announcement |
| Subject | OTHERS |
| Description | OFFER OF OPTIONS UNDER THE LONG TERM INCENTIVE PLAN |
Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the following offer of Options under the Long Term Incentive Plan (“LTIP”) to the Group’s eligible employees in accordance with the By-Laws of the LTIP:
Description of the Options offered under the LTIP
| Date of offer | : | 27 April 2021 | ||||||||||||||||||
| Exercise price of options offered | 20 May 2021 | |||||||||||||||||||
| Number of options offered | : | 50,000,000 | ||||||||||||||||||
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Closing market price of the Company’s securities on the date of offer |
: |
Shares : RM0.870 Warrants: RM0.280 |
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| Number of options offered to each Director | : | Nil | ||||||||||||||||||
| Vesting period of the options offered | : |
The shares are exercisable in the following manner subject to the duration of the LTIP:
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