| 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”) |
We refer to the announcements dated 15 October 2014 and 16 October 2014 in relation to the Proposed LTIP (“Announcements”). Unless otherwise defined, all expressions used in this announcement shall carry the same meanings as defined in the Announcements. On behalf of MBMR, CIMB Investment Bank Berhad (“CIMB”) is pleased to announce that Bursa Securities has, vide its letter dated 27 October 2014 (which was received on 28 October 2014), approved the additional listing of and quotation for the new ordinary shares of RM1.00 each in MBMR to be issued pursuant to the Proposed LTIP, subject to the following conditions: (a) CIMB is required to submit a confirmation to Bursa Securities of full compliance of the LTIP pursuant to paragraph 6.43(1) of the Main Market Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and (b) MBMR is required to furnish Bursa Securities on a quarterly basis a summary of the total number of LTIP shares listed as at the end of each quarter together with detailed computation of listing fees payable. This announcement is dated 28 October 2014. |
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| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 28 Oct 2014 |
| Category | General Announcement |
| Reference No | MM-141028-57182 |
