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New Issue Of Securities (Chapter 6 Of Listing Requirements) : Other Issue Of Securities Establishment of A Long Term Incentive Plan Of Up To 10% Of The Issued & Paid-up Ordinary Share Capital Of MBMR (Excluding Treasury Shares) For The Eligible Employees & Executive Directors Of MBMR Group (Excluding Subsidiaries Which Are Dormant) ("LTIP")

BackApr 20, 2015
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN OF UP TO 10% OF THE ISSUED & PAID-UP ORDINARY SHARE CAPITAL OF MBMR (EXCLUDING TREASURY SHARES) FOR THE ELIGIBLE EMPLOYEES & EXECUTIVE DIRECTORS OF MBMR GROUP (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) ("LTIP")
We refer to the announcements dated 15 October 2014, 16 October 2014, 28 October 2014 and 19 November 2014 in relation to the 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 is pleased to announce that MBMR has implemented the LTIP with effect from 20 April 2015, after having obtained all required approvals and complied with the requirements pertaining to the LTIP. In addition, the trust deed to effect the trust arrangement between MBMR and TMF Trustees Malaysia Berhad in relation to the LTIP had been executed on 6 April 2015. This announcement is dated 20 April 2015.

 


Announcement Info

Company Name MBM RESOURCES BHD
Stock Name MBMR
Date Announced 20 Apr 2015
Category General Announcement for PLC
Reference Number GA1-20042015-00090