Date : 06 April 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR THE "COMPANY") 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 ("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")

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 ("LTIP")

Reference is made to the Company’s earlier announcements 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 Berhad wishes to announce that Bursa Securities had, vide its letter dated 6 April 2017, granted the Company an extension of time up to 30 November 2017 pursuant to Paragraph 6.62(1) of the Main Market Listing Requirements of Bursa Securities to implement the LTIP.

 

This Announcement is dated 6 April 2017.

 






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 06 Apr 2017
Category General Announcement for PLC
Reference Number GA1-06042017-00092