| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | MBM RESOURCES BERHAD (“MBMR” OR THE “COMPANY”) PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF MBMR (EXCLUDING TREASURY SHARES) FOR THE ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS OF MBMR AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) (“MBMR GROUP” OR “GROUP”) (“PROPOSED LTIP”) |
On behalf of the Board of Directors of MBMR, CIMB Investment Bank Berhad wishes to announce that MBMR proposes to establish a long term incentive plan of up to ten percent (10%) of the issued and paid-up ordinary share capital of MBMR (excluding treasury shares) at any point in time over the duration of the Proposed LTIP for the employees and executive directors of the MBMR Group (excluding subsidiaries which are dormant). Please refer to the attachment for further details of the Proposed LTIP. This announcement is dated 15 October 2014. |
|
| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 15 Oct 2014 |
| Category | General Announcement |
| Reference No | MM-141015-57834 |
Attachments
