NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MRCB (EXCLUDING TREASURY SHARES), FOR THE ELIGIBLE EMPLOYEES OF MRCB AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) AND ELIGIBLE EXECUTIVE DIRECTORS OF MRCB ("PROPOSED LTIP")
MALAYSIAN RESOURCES CORPORATION BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
Description | MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MRCB (EXCLUDING TREASURY SHARES), FOR THE ELIGIBLE EMPLOYEES OF MRCB AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) AND ELIGIBLE EXECUTIVE DIRECTORS OF MRCB ("PROPOSED LTIP") |
Reference is made to the Company’s announcements dated 25 August 2016 and 28 September 2016 in relation to the Proposed LTIP. Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meaning as defined in the abovementioned announcements. On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities has, vide its letter dated 11 October 2016, approved the listing of and quotation for such number of new MRCB Shares, representing up to ten percent (10%) of the issued and paid-up share capital of MRCB (excluding treasury shares), to be issued pursuant to the Proposed LTIP subject to, amongst others, the following conditions:
This announcement is dated 12 October 2016. |
Announcement Info
Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
Stock Name | MRCB |
Date Announced | 12 Oct 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-11102016-00089 |