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OTHERS EXTENSION OF LONG-TERM INCENTIVE PLAN (LTIP)

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
EXTENSION OF LONG-TERM INCENTIVE PLAN (LTIP)

In view of the expiration of Malaysian Resources Corporation Berhad’s (“MRCB” or “the Company”) LTIP on 27 November 2022 and pursuant to Clause 21.1 of the Company’s LTIP By-Laws, the Board of MRCB has approved the extension of the LTIP for another five (5) years from 28 November 2022 to 27 November 2027. The extension of LTIP is not subject to any regulatory or shareholders’ approval. The terms and conditions of the LTIP as stipulated in the By-Laws remain unchanged.

 

This announcement is dated 10 November 2022.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 10 Nov 2022
Category General Announcement for PLC
Reference Number GA1-10112022-00041




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