New Issue Of Securities (Chapter 6 Of Listing Requirements) : Esos

BackApr 19, 2024
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description LEONG HUP INTERNATIONAL BERHAD ("LHI" OR THE "COMPANY")

PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME OF UP TO 5% OF THE TOTAL NUMBER OF THE ISSUED ORDINARY SHARES OF LEONG HUP INTERNATIONAL BERHAD ("LHI") ("LHI SHARES") (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME OVER THE ESOS PERIOD OR EXTENDED ESOS PERIOD FOR THE ELIGIBLE PERSONS (AS DEFINED HEREIN)

 

This announcement is dated 19 April 2024 ("Announcement").

 

On behalf of the Board of LHI ("Board"), AmInvestment Bank Berhad ("AmInvestment Bank") wishes to announce that the Company proposes to undertake the proposed establishment of an employees' share option scheme ("ESOS") of up to 5% of the total number of issued shares of LHI (excluding treasury shares, if any) at any point in time over the period of the Proposed ESOS as set out in the By-Laws ("ESOS Period") for eligible Executive Directors and employees of LHI and its subsidiaries ("LHI Group" or "Group") (excluding subsidiaries which are dormant) ("Eligible Persons") ("Proposed ESOS").

 

Please refer to the attachment for further details on the Proposed ESOS.

 

Please refer attachment below.


Announcement Info

Company Name LEONG HUP INTERNATIONAL BERHAD
Stock Name LHI
Date Announced 19 Apr 2024
Category General Announcement for PLC
Reference Number GA1-19042024-00044

Attachments

  1. LHI_-_Announcement_(19.04.2024)_20240419.pdf (Size: 246,186 bytes)