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OTHERS MEGA SUN CITY HOLDINGS BERHAD ("MEGA" OR THE "COMPANY") EXPIRY OF EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

MEGA SUN CITY HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
MEGA SUN CITY HOLDINGS BERHAD ("MEGA" OR THE "COMPANY")
EXPIRY OF EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

The Company wishes to announce that the ESOS of MEGA which was established on 19 October 2016 for a period of 5 years, will be expiring on 18 October 2021 pursuant to the By-Laws of the ESOS.

 

In accordance with the By-Laws of the ESOS, there shall be no further offer of options of the Company from 18 October 2021. All outstanding options offered pursuant to the ESOS will automatically lapse upon the expiry of the ESOS.

 

Accordingly, the ESOS Committee established to administer the ESOS shall be dissolved on 18 October 2021.

 

This announcement is dated 15 October 2021.   






Announcement Info

Company Name MEGA SUN CITY HOLDINGS BERHAD
Stock Name MEGASUN
Date Announced 15 Oct 2021
Category General Announcement for PLC
Reference Number GA1-17092021-00087




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