Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the following offer of options has been made on 30 May 2025 to the eligible persons to subscribe for new ordinary shares in the Company ("Options") under the Employees' Share Option Scheme of the Company ("ESOS").
The details of the Options offered to eligible persons of the Company are as set out below:-
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(a)
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Date of offer
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30 May 2025
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(b)
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Exercise price of options offered
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RM0.285
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(c)
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Number of options offered
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54,909,000
|
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(d)
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Market price of the Company’s shares on the date of the offer
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RM0.30
|
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(e)
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Number of options offered to the Company’s Directors under the ESOS
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|
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Dato’ Mohd Azfar Bin Mohamed
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836,000
|
|
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Dato’ Low Kok Chuan
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5,574,500
|
|
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Datin Tea Guat Ngo
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5,574,500
|
|
|
Low Kai Loon
|
5,574,500
|
|
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Datin Fadzlullaily Binti Yakob
|
836,000
|
|
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Chow Lai Mun
|
836,000
|
|
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Kenneth Chai Chuan Teong
|
836,000
|
|
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Hong Boon Toh
|
836,000
|
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(f)
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Vesting period of the options offered
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The options shall be exercisable from the date of offer until 25 May 2030
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This announcement is dated 30 May 2025.