NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS KINERGY ADVANCEMENT BERHAD (FORMERLY KNOWN AS KEJURUTERAAN ASASTERA BERHAD) ("KAB" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARES SCHEME ("ESS" OR "SCHEME") OF UP TO 5% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN KAB (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE TENURE OF THE SCHEME, FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF KAB AND ITS SUBSIDIARIES ("KAB GROUP") (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED ESS")
| KINERGY ADVANCEMENT BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | KINERGY ADVANCEMENT BERHAD (FORMERLY KNOWN AS KEJURUTERAAN ASASTERA BERHAD) ("KAB" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARES SCHEME ("ESS" OR "SCHEME") OF UP TO 5% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN KAB (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE TENURE OF THE SCHEME, FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF KAB AND ITS SUBSIDIARIES ("KAB GROUP") (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED ESS") |
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Reference is made to the Company’s earlier announcement dated 25 March 2024 (“Earlier Announcement”) in relation to the Proposed ESS. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcement.
On behalf of the Board, Malacca Securities wishes to announce that the listing application in relation to the Proposed ESS has been submitted to Bursa Securities on 16 April 2024.
This announcement is dated 16 April 2024. |
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Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 16 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16042024-00060 |