Date: 17 February 2017

OTHERS APFT BERHAD ("APFT" or "the Company") - Offer and Grant of Options under Employees Share Option Scheme


Type Announcement
Subject OTHERS
Description APFT BERHAD ("APFT" or "the Company")
- Offer and Grant of Options under Employees Share Option Scheme

Pursuant to paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of APFT wishes to announce that it has offered options to employees and Directors under its Employees' Share Option Scheme.

The details of the Options offered to the eligible persons of the Company are set out as follows:-

(a)

Date of offer

17 February 2017

(b)

Exercise price of options offered

RM 0.05 per share

(c)

Number of APFT options offered

71,500,000 share options

(d)

Market price of APFT shares on date of offer

Closing price of APFT share on date of offer is RM0.04

(e)

Number of APFT share option granted to each Directors

1. Dato' Faruk Bin Othman - 7,000,000 share options

2. Arif Bin Faruk - 10,000,000 share options

3 Tan Nyap Keong @ Tony Tan - 5,000,000 share options

(f)

Vesting period of APFT share options

Commencing from 17 February 2017 until 23 February 2017.

This announcement dated 17 February 2017.




Back