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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY") ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF ADVANCECON (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME ("PROPOSED ESOS")

ADVANCECON HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")

ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF ADVANCECON (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME ("PROPOSED ESOS")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the ESOS.

Reference is made to the approval obtained from the shareholders of Advancecon for the ESOS at the extraordinary general meeting of the Company held on 18 January 2018 ("EGM").

On behalf of the Board of Directors of Advancecon, UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that pursuant to Paragraph 6.43 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the effective date for the ESOS has been fixed on 6 March 2018, being the date of submission of the following documents in relation to the ESOS to Bursa Securities:-

  1. Final By-Laws; and
  2. Resolutions passed by the shareholders of Advancecon at the EGM.

 

This announcement is dated 6 March 2018.






Announcement Info

Company Name ADVANCECON HOLDINGS BERHAD
Stock Name ADVCON
Date Announced 06 Mar 2018
Category General Announcement for PLC
Reference Number GA1-06032018-00054




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